Critical Elements Lithium Corporation and Lomiko Metals Inc. announced that Critical Elements and Lomiko have entered into an option agreement ("Agreement") that gives Lomiko the right to acquire up to a 70% interest in the Bourier project. The Bourier project consists of 203 claims for a total ground position of 10,252.20 hectares (102.52 km 2) in a region of Quebec that boasts other lithium deposits and known lithium mineralization. The Bourier project is potentially a new lithium field in an established lithium district.