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New Energy Metals Announces Director Changes

Newsfile Corp.
·3 min read

Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - New Energy Metals Corp. (TSXV: ENRG) (OTC Pink: NEMCF) ("New Energy Metals" or the "Company") is pleased to announce the appointment of Marc Enright-Morin to the board of directors of the Company. Mr. Enright-Morin replaces Kelly Earle, who has resigned as a director.

Mr. Enright-Morin is a successful businessman and entrepreneur based in Vancouver, British Columbia, who has assisted various public and private companies in raising capital through numerous institutions throughout Austral-Asia and the Americas. With twenty years of experience in the public and private markets, he has garnered an extensive network of investment banking contacts and experience, both of which are instrumental in the management and development of junior companies.

Mr. Enright-Morin has also assisted various companies to go public through reverse takeover and initial public offering processes. His primary focus has been on the resource sector, specifically lithium, and he spent seven years acquiring, researching, drilling and raising capital specifically for lithium opportunities. In the past, he has served as an officer and director to a number of publicly-traded mining companies.

"I am delighted to welcome Marc to the board of directors," commented César López, the Company's President & CEO. "He brings a refreshing perspective to New Energy and we expect him to become an active participant in the Company's affairs immediately."

Mr. Enright-Morin's appointment to the board of directors also follows the resignation of Darryl Lindsay from the board earlier this year.

About the Company

New Energy Metals is focused on the exploration and development of energy metals in Chile.

On behalf of New Energy Metals Corp.

César López, President & CEO
T: 604.484-1232
E: info@newenergymetals.ca
W: www.newenergymetals.ca

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.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others: requirements for additional capital; future prices of precious metals, copper and lithium; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; currency fluctuations; as well as those factors discussed under the heading "Risks and Uncertainties" in the Company's most recent management's discussion and analysis and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR website at www.sedar.com.

Readers are cautioned not to place undue reliance on forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/65006