WEBSITE DISCLAIMER

Last updated January 27, 2022

INTRODUCTION

The information provided by Critical Elements Lithium Corporation (“the Company”, “we”, “us” or “our”) on this website, https://www.cecorp.ca/en/ (the “Site”) is for general informational purposes only. All information on the Site is provided in good faith and the Company makes no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

UNDER NO CIRCUMSTANCE SHALL THE COMPANY HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SITE OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SITE. YOUR USE OF THE SITE AND YOUR RELIANCE ON ANY INFORMATION ON THE SITE IS SOLELY AT YOUR OWN RISK.

EXTERNAL LINKS DISCLAIMER FOR WEBSITE

The Site may contain (or you may be sent through the Site) links to other websites or content belonging to or originating from third parties or links to websites and features in banners or other advertising. Such external links are not investigated, monitored, or checked for accuracy, adequacy, validity, reliability, availability or completeness by the Company. Use of the external links and access to such other websites are entirely at your own risk. These external links do not and should not be taken as implying an endorsement or approval of any kind of the content or reliability of those websites or the activities of the people, organizations and/or businesses responsible for those websites.

WE DO NOT WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR THE ACCURACY OR RELIABILITY OF ANY INFORMATION OFFERED BY THIRD-PARTY WEBSITES LINKED THROUGH THE SITE OR ANY WEBSITE OR FEATURE LINKED IN ANY FORM. WE WILL NOT BE A PARTY TO OR IN ANY WAY BE RESPONSIBLE FOR MONITORING ANY TRANSACTION BETWEEN YOU AND THIRD-PARTY PROVIDERS OF PRODUCTS OR SERVICES.

FORWARD LOOKING STATEMENTS

The Site contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained in this website that is not clearly historical in nature may constitute forward-looking information. Forward-looking information includes, without limitation, statements regarding the results of the Preliminary Economic Assessment including statements about the projected IRR, NPV, payback period and future capital and operating costs, the availability and access to hydroelectric power, projected annual rate of lithium and tantalum production, the estimation of mineral resources, the market and future price of lithium and tantalum, permitting and the ability to finance the project. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is based on certain factors and assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, lithium, tantalum and other commodity prices, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs, the estimation of mineral resources, the assumption with respect to currency fluctuations, the timing and amount of future exploration and development expenditures, receipt of required regulatory approvals, the availability of necessary financing for the project, the completion of the environment assessment process, permitting and such other assumptions and factors as set out in this Site. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: volatile stock price; risks related to changes in lithium and tantalum prices; sources and cost of power facilities; the estimation of initial and sustaining capital requirements; the estimation of labour and operating costs; the general global markets and economic conditions; the risk associated with exploration, development and operations of mineral deposits; the estimation of mineral resources; the risks associated with uninsurable risks arising during the course of exploration, development and production; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support mining, processing, development and exploration activities; the risks associated with changes in the mining regulatory regime governing the Company; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued exploration and development activities at the Rose Lithium-Tantalum Project may not be available on satisfactory terms, or at all; the risk of potential dilution through the issue of common shares; the risk of litigation. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information on this Site is provided for information only. The Company has made reasonable efforts to ensure that information provided on the Site is accurate at the time of inclusion. However, there may be inadvertent and occasional errors for which the Company apologizes. The Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

PROFESSIONAL DISCLAIMER FOR WEBSITE

The Site cannot and does not contain investment advice and is not a substitute for investment advice. This website and the materials, information, services, and content in this website, including, without limitation, text, graphics, product and services information, news, articles and links, are provided “as is” for general informational and educational purposes and without warranties of any kind, whether express or implied. to the fullest extent permissible pursuant to applicable law.

Accordingly, before taking any actions based upon such information, the reader should consult with the appropriate professionals. The Company does not provide any kind of investment advice. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED ON THIS SITE IS SOLELY AT YOUR OWN RISK.

The Company makes no representation that materials in the Site are appropriate or available for use in locations other than Canada, and access to them from territories where their content is illegal is prohibited. Those who choose to access this Site from locations outside Canada do so on their own initiative and are responsible for compliance with applicable local laws.  The Company may limit the Site’s availability, in whole or in part, to any person, geographic area or jurisdiction it chooses, at any time and in its sole discretion.

TECHNICAL DISCLOSURE STATEMENT

Readers are advised that National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43-101”) governs the disclosure of scientific or technical information made by an issuer concerning a mineral project on a property material to the issuer.  All technical information about our mineral properties contained on this website is subject to the more detailed information (including the qualifications, assumptions and notes set forth therein) filed by the Company with securities regulators and available at www.sedar.com.

QUALIFIED PERSONS

Unless otherwise stated on this website, in the Company’s current technical report or other relevant, publicly available disclosure documents, all technical and scientific information contained on this website regarding Rose Lithium-Tantalum Project has been reviewed and approved by Company's Project Manager, Paul Bonneville, Mining Eng., who is a Qualified Person as defined by NI 43-101.

DISCLOSURE OF MINERAL RESERVES AND MINERAL RESOURCES

Readers are advised that NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported separately. Readers may refer to the Canadian Institute of Mining and Metallurgy website for Definition Standards on Mineral Resources and Mineral Reserves.

NO INCORPORATION BY REFERENCE

No information included herein shall be deemed to be incorporated by reference into any of the Company’s regulatory filings, unless expressly indicated in any such filings.  In addition, no information shall be incorporated by reference into this website, unless otherwise specified.

JURISDICTION

The laws of the Province of Québec and the applicable federal laws of Canada govern your use of this website. The courts of the Province of Québec will have exclusive jurisdiction over any dispute arising out of your use of this Site.

COPYRIGHT ©

All the elements present on the Site or in the associated sites (including, but not limited to, text, logos, images, software, icons, sound elements, and other content, and the design, selection and arrangement thereof, etc.) are the property of the holders of the rights, and are protected by intellectual property rights. The Company name, its logo and all related names, logos, product and service names, designs and slogans are trademarks of the Company or its affiliates or licensors. Thus, none of the documents from the Site may be copied, reproduced, modified, in any way. The modification of these documents or their use beyond informational purposes constitutes an infringement of the intellectual property rights of the Company and its partners, holders of rights and ©. The brands mentioned on this site are registered by the companies which own them.  You must not use such marks without the prior written permission of the Company. All other names, brands and marks are used for identification purposes only and are the trademarks of their respective owners.  All of the aforesaid rights are retained by the Company and its affiliates or licensors. You must not register domain names that correspond to those names, brands and/or marks.