New Energy Metals Corp. announced the appointment of Rishi Kwatra as the Chief Executive Officer of the Company, effective immediately. Mr. Kwatra has over 15 years of proven financial expertise and business acumen which the Company believes will help create a strong business plan and path forward for realizing shareholder and market value.

Mr. Kwatra's many roles include corporate finance, investor relations and mergers and acquisitions for several industry leaders. He has extensive experience in undertaking project generation and business development along with evaluating early to advanced stage M&A opportunities in the mining sector. His extensive network of international contacts in the institutional and capital markets brings strong financial relationships.

He has been involved with and led significant financings for various public and private issuers. Mr. Kwatra is also a serial entrepreneur and a seasoned investor in Real Estate. He has studied International Trade and Business Administration in Finance at BCIT.

Mr. Kwatra is well-travelled, and fluent in several languages. The board and management of the Company express their gratitude to Stuart Ross for all his efforts and contributions as the CEO of the Company. Mr. Ross will continue to serve as a director of the Company.