Critical Elements Lithium Corporation (CRECF) Financial

Critical Elements Lithium Corp. engages in acquisition, exploration, and development of mining properties. The firm is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, Bloc 1, Blocs 2 to 6, Bloc 7 and Valiquette. The Rose Lithium-Tantalum property consists of over 477 claims covering a total area of over 24,711-hectares (ha). Rose Lithium-Tantalum property is located at the north-east end of the Archean Lake Superior Province of the Canadian Shield. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques property is composed of one block totaling around 136 claims, covering an area of 6,840.93 ha over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier property is comprised of over 304 claims with an area of 15,616 ha for over 30 kms in length.