CRE Critical Elements Lithium Corporation

Critical Elements Corporation (TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) is
pleased to announce that it has closed the first tranche of a non-brokered
private placement, for an amount of $976,600. 


The Company has issued 4,883,000 units of common shares at a price of $0.20 per
share for gross proceeds of $976,600. Each unit consists of one common share
priced at $0.20 and one half of one purchase warrant. Each whole purchase
warrant entitles the holder thereof to purchase one common share of the
Corporation for a period of 36 months at a price of $0.375 per share.


The Company has paid $2,800 in Finders Fees. A Director has subscribed for
500,000 units of this financing. 


Under applicable securities legislation and policies of the TSX Venture
Exchange, the securities issued or issuable in the private placement are subject
to a hold period of four months.


The proceeds of this private placement will be used for working capital and to
pursue the feasibility study.


The private placement is subject to regulatory approval.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations:
Jean-Sebastien Lavallee, P.Geo.
President and Chief Executive Officer
819-354-5146
president@cecorp.ca
www.cecorp.ca


Paradox Public Relations
514-341-0408

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