Critical Elements Lithium Corporation: Critical Elements Closes $15 Million Bought Deal Private Placement of Units MONTREAL,QC / ACCESSWIRE / February 11, 2021 / Critical Elements Lithium Corporation (TSXV:CRE)(OTCQX:CRECF)(FSE:F12) (" Critical Elements" or the " Offering") of 13,636,400 units (each, a " Unit") of the Company issued at $1.10 per Unit (the " Issue Price") for gross proceeds of $15,000,040. Each Unit of the Company consists of one common share in the capital of the Company (a " Common Share") and one-half of one common share purchase warrant (each whole warrant a " Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at a price of $1.75 for a period of two years following the closing of the Offering.