New Energy Metals Corp.: New Energy Metals Announces Completion of Non-Brokered Private Placement New Energy Metals Corp. (TSXV: ENRG) (OTC Pink: NEMCF) (the " Company") is pleased to confirm the closing of the Company's non-brokered private placement financing as previously announced on February 8, 2020 (the "Offering"). On March 5, 2021, the Company issued 1,600,000 units (the "Units") at a price of $0.06 per Unit for gross proceeds of $96,000, with each Unit consisting of one common share in the capital of the Company and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one common share in the capital of the Company for a period of 12 months at an exercise price of $0.08 per share, and for a further 12 months at an exercise price of $0.10 per share.