European Energy Metals announced exploration crews have confirmed the presence of pegmatites at Lappajarvi West, one of the five concessions comprising its 2,300 square kilometre Lithium-Cesium-Tantalum ("LCT") and Rare Earth Element ("REE") Finnish Pegmatite Project, in central and southern Finland. As part of the Company's Phase 1 exploration program, exploration crews have visited a number of the pegmatite occurrences noted in the Geological Survey of Finland "GTK" database, confirming the historic locations and also uncovering additional previously unknown pegmatites. Minerals commonly associated with LCT pegmatites have been observed in several locations, including: blocky K-feldspar, green muscovite, beryl and tourmaline.

The first series of samples will be shipped to the ALS Minerals geochemical prep lab in Sodankyla, Finland this week. The samples will be analyzed with procedure ME-MS89L, utilizing a sodium peroxide fusion and ALS's Super Trace ICP-MS methodology. The results will be released once the technical team completes QA/QC reviews.

European Energy cautions investors the presence of LCT indicator minerals in the pegmatites at Lappjarvi West are not necessarily indicative of presence of lithium mineralization. Pursuant to an earn-in agreement with Capella Minerals Ltd., European Energy has the right to earn an 80% interest in the Finnish Pegmatite Project by issuing 1,750,000 shares, paying CAD 500,000 and incurring CAD 2,500,000 in exploration expenditures staged over a 4 year earn in period. A detailed assessment of the historic and government exploration data compiled by the Finnish Geological Survey (" GTK") identified a series of permissive tracts for LCT pegmatites.

The concessions comprising the Finnish Pegmatite Project were identified as a result of this pegmatite research. The Finland Pegmatite Project consists of four exploration concessions in central Finland and one exploration concession in southern Finland. These reservations cover a total area of 2,300 square kilometres and are focused on Lithium-Cesium -Tantalum or LCT pegmatite complexes located within the Jarvi-Pohjanmaa and Seinajoki lithium-permissive tracts as defined by the Geological Survey of Finland (GTK).

Four of the reservations (Nabba, Lappajarvi West), lie immediately adjacent to, and to the south of, Keliber Oy's spodumene mine development project in the Kaustinen district. Keliber Oy is a consortium, comprised of Sibanye-Stillwater (79%), Finnish Minerals Group (20%) and Finnish shareholders (1%). A Definitive Feasibility Study by Hatch dated June 14, 2018 states a JORC Code 2012 compliant Measured and Indicated Mineral Resource of 9.47 million tonnes at a grade of 1.16% Li2O2.

European Energy cautions investors The presence of lithium mineralization at the Nabba concession.