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Champion Electric closes first tranche of Flow-Through Private Placement Page 1

Champion Electric closes first tranche of Flow-Through Private Placement Page 1

Toronto, Ontario–(Newsfile Corp. – August 16, 2024) – Champion Electric Metals Inc. (CSE: LTHM) ((OTCQB: CHELF) (FSE: 1QB0) (“Champion Electric” or the “Company“) is pleased to announce that the Company has completed a first tranche of the previously announced private placement of flow-through shares (“FT shares”) for gross proceeds of $300,000.

The FT shares qualify as ‘flow-through shares’ within the meaning of subsection 66(15) of the Income Tax Act (Canada).