Agreement With the Cree Nation of Eastmain and Niskamoon Corporation for the Implementation of the Eastmain River Lake Sturgeon Spawning Ground Enhancement Project

MONTREAL, QUEBEC--(Marketwired - Feb. 27, 2018) - Critical Elements Corporation (the "Company" or "Critical Elements") (TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) is pleased to announce an agreement with the Cree Nation of Eastmain and Niskamoon Corporation for the implementation of the Eastmain River Lake Sturgeon Spawning Ground Enhancement Project located just above Conglomerate Bridge on the James Bay Highway, 113 km from the mouth of the Eastmain river (the "Project").

On August 2, 2017, Critical Elements announced the filing of the environmental impact study ("EIS") prepared by WSP regarding the Corporation's Rose Lithium-Tantalum Project with the Environmental and Social Impact Review Committee (COMEX) and the Canadian Environmental Assessment Agency. On December 22, 2017, Critical Elements filed an updated version of the EIS. One of the various initiatives proposed in the EIS is to compensate for the potential social and environmental impacts of the Rose Lithium-Tantalum Project on fish habitats by implementing the Project.

Critical Elements is therefore very pleased that the Project is now getting underway as it is sensitive to the importance of mitigating the social and environmental impacts of its Rose Lithium-Tantalum Project on the community. Jean-Sébastien Lavallée, Critical Elements' Chief Executive Officer declared "Critical Elements is very happy to support and participate to the implementation of this great project in collaboration with Eastmain Cree Nation and Niskamoon Corporation. This agreement is directly in line with the sustaining social and environmental collaboration that Critical Elements wants to establish with the local community".

"Niskamoon is very proud to enter into a partnership for this very important habitat enhancement project, towards which we have been working with the Cree Nation of Eastmain and Hydro-Québec since 2010. We believe strongly that a healthy environment and the social well-being of the Cree Nation go hand in hand, so we are very excited that Critical Elements has come on board and we look forward to working with them to bring back the lake sturgeon population in the Eastmain River in the years to come," declared Marc Dunn, environment director, Niskamoon Corporation.