Champion Electric Launches Fundraising Campaign to Support the Cree Nation of Chisasibi in Eeyou Istchee James Bay, Quebec

Toronto, September 28, 2023 - Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") today announces that it is launching a fundraising and awareness campaign for the Cree Nation of Chisasibi, who have been stricken by the wildfires in Quebec this past summer.

A Tragic Summer for the Chisasibi People

There were 38 active fires in the northern zone, and a total of nearly 3.6 million hectares burned since the start of the season in May. The Chisasibi community has lost many homes that have burned to the ground in six different traplines - the livelihood for many members of this community. Others have lost ATVs, snow machines and boats, and other equipment used to support their livelihood. The main highway has been repeatedly closed due to fires, making it impossible to receive regular daily supplies, and there have been countless evacuations due to a very bad air quality. In addition to the direct impact to the communities, a vast number of animals have perished or been displaced.

The losses to flora and fauna in this area are severe and will take many years to be restored. The negative impact is large and lasting - for example, the moose and caribou won't be back to the burned areas, nor will the ptarmigan and white birds, as their respective food sources are gone. The ash and soot from the fires have impacted the waterways, polluting lakes and affecting fish and plant life that inhabit these waters. This is just the tip of the iceberg, as the full impact of the devastation will not be known for many months after the fires have stopped and an account of the damage has been taken.

Jonathan Buick, President & CEO, comments:

"We are launching a fundraising campaign to support this community and to raise awareness of how these wildfires are affecting the Chisasibi people. Given limited and slow deployment of support to these communities and given the immediate needs are so great (over 60% of the Cree of Chisasibi are under the age of 30), we are reaching out to you asking for your support. We have launched a 'Go Fund Me Page' to help raise funds for the children and youth of Chisasibi who have watched their community, land and way of life be devastated by these wildfires. We hope that you agree with us that this is the time to do our part, stand together and show our support for the challenges this community faces. Together we can make a meaningful difference and create a lasting and better future for the Chisasibi community."

Support Needed

Based on Champion Electric's discussions with Chisasibi leaders, the following will make an immediate impact on local families and particularly the children:

• Backpacks and school supplies for the 1,500 plus students enrolled for this year's school year;
• Bedding and basics essentials for those that lost their homes/cabins;
• New or slightly used hockey equipment to help the 168 children and youth registered for this upcoming hockey season, and the 144 children and youth registered for the upcoming broomball season.

Any hockey equipment, school supplies, basic essentials or monetary donation to purchase items in need would be invaluable and greatly appreciated and would mean a great deal to the Chisasibi community.

Go Fund Me - Additional Opportunities

Support for the Chisasibi people can be done here:

https://www.gofundme.com/f/f52dc8-support-the-cree-nation-of-chisasibi-in-james-bay

The team at Champion Electric would be thrilled to discuss this opportunity further and explore potential partnerships or collaborations. Please reach out to President & CEO Jonathan Buick at jbuick@champem.com for further conversation.

About Champion Electric Metals Inc.

Champion Electric is a discovery-focused exploration company that is committed to advancing its highly prospective lithium properties in Quebec, Canada and cobalt properties in Idaho, United States. In addition, the Company owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco.

The Company's shares trade on the CSE under the trading symbol "LTHM", on the OTCQB under the trading symbol "CHELF", and on the Frankfurt Stock Exchange under the symbol "1QB0". Champion Electric strives to be a responsible environmental steward, stakeholder and contributing citizen to the local communities where it operates, taking its social license seriously, employing local community members and service providers at its operations whenever possible.

ON BEHALF OF THE BOARD OF CHAMPION ELECTRIC
"Jonathan Buick"
Jonathan Buick, President and CEO

To learn more, please visit the Company's SEDAR profile at www.sedarplus.ca or the Company's corporate website at www.champem.com.

For further information, please contact:
Investor Relations and Communications
Phone: (416) 567-9087
Email: investors@champem.com

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL.

Cautionary Statements

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release. This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by management of the Company, including closing of the Transactions and the prospectivity of the Projects for lithium. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Projects are at an early stage of exploration, and the Company cautions that the qualified persons who have reviewed and approved this news release have not verified scientific or technical information produced by third parties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/182069