European Energy Metals Announces Advisory Board Appointment

Vancouver, July 19, 2023 - European Energy Metals (TSXV: FIN) (FSE: W28) ("European Energy" or the "Company") is pleased to announce that it has appointed Mr. Mike Basha as a member of the Company's Advisory Board.

Mr. Basha is a professional engineer and geologist with over 35 years experience working for major and junior exploration and mining companies in Canada, USA, Mexico, Ecuador and Finland. He has generated and worked on many grassroots to advanced exploration projects for a variety of mineral commodities. He was co-discoverer of the Hammerdown gold deposit in Newfoundland early in his career. As former VP Exploration of Cornerstone Resources Ltd (recently acquired by SolGold plc), he was instrumental in helping establish them in Ecuador. He is also the founder and former CEO and President of Aurion Resources Ltd. ("Aurion"), with assets in Northern Finland. While at Aurion, Mr. Basha staked the core of Aurion's holdings in Finland and, under Mr. Basha's direction, the Aurion exploration teams made multiple discoveries including the high-grade Aamurusko, Launi and Notches gold prospects among others. Mr. Basha holds degrees in geology and engineering and, in addition to his exploration experience, has previously worked as a consulting geotechnical and environmental engineer.

"We are very pleased to welcome Mike as a member of our Advisory Board," commented, European Energy Metals CEO, Jeremy Poirier. "His in-country experience in Finland and significant exploration experience will be appreciated as we move forward with our exploration program at the Finnish Pegmatite Project," he continued.

About European Energy Metals Corp.

European Energy Metals Corp. is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy independent laws and policies. One of the key components is access to REE and, specifically, lithium. The company concessions are located within 11 miles of Keliber mine being constructed which is expected to begin production H2 2025.

FOR FURTHER INFORMATION PLEASE CONTACT:

Jeremy Poirier, CEO
Telephone: 604-722-9842
Email: info@europeanenergymetals.com

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 Statements Regarding Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the presence of lithium mineralization at, and the exploration and development potential of, the Finland Pegmatite Project. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include the costs of any anticipated work programs and the ability to fund such costs, required approvals in connection with any work programs and the ability to obtain such approvals, risks inherent in exploration as well as those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information.

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