E3 Metals Appoints Former Premier of Saskatchewan, Brad Wall, to Advisory Board

CALGARY, Feb. 23, 2021 - E3 Metals Corp. (TSXV: ETMC) (FSE: OU7A) (OTC: EEMMF) (the "Company" or "E3 Metals"), an emerging lithium developer and leading direct lithium extraction technology innovator, is pleased to welcome Mr. Brad Wall to its Corporate Advisory Board, starting March 1, 2021.

Mr. Wall previously served as the Premier of Saskatchewan for over 10 years until 2018, where he demonstrated a consistent ability to bring political and business leaders together as he implemented creative ways to bolster the Province's economic well-being. During his tenure as the Premier of Saskatchewan, Mr. Wall led the Province to unprecedented economic expansion, strong population and export growth, record infrastructure investment, and the first-ever and continuing AAA credit for the Province's finances. In addition to his many achievements while in office, Mr. Wall was recognized for leading the opinion polls as the most popular premier in Canada for almost the entirety of his term.

Chris Doornbos, CEO and Director commented, "On behalf of the E3 Board and Management, we are very pleased to welcome Mr. Wall to our Advisory Board. His extensive national energy policy, political and economic experience, and business acumen will be an asset to E3 Metals as we continue in our endeavours to build a net-zero carbon emissions lithium project using our proprietary direct lithium extraction technology."

About E3 Metals Corp.

E3 Metals is a lithium development Company with 7.0 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources¹ in Alberta and an NPV_8% on its Clearwater Lithium Project of USD 1.1 Billion with a 32%¹ IRR pre-tax and USD 820 Million with a 27% IRR after-tax. Through the successful scale up its DLE technology towards commercialization, E3 Metals' goal is to produce high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3 Metals has the potential to deliver lithium to market from one of the best jurisdictions in the world. E3 Metals also continues to work with partners at the University of Alberta and at GreenCentre Canada.

For more information about E3 Metals, visit http://www.e3metalscorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS,

Chris Doornbos, President & CEO
E3 Metals Corp.

Forward-Looking and Cautionary Statements

This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company's brine, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE E3 Metals Corp.