Plateau Energy Metals Provides Update on CEO Search

A sub-committee of independent directors of the Company has been working with an executive recruitment firm to identify prospective candidates. A number of candidates have been interviewed and short-listed and the Company anticipates that the process will be concluded within the next several weeks.

Ted O'Connor ceased to serve as CEO of the Company on June 15, 2018 and the board has appointed John (Ian) Stalker, the current Executive Chairman of the Company, to also serve as Interim CEO until a full-time CEO has been appointed. Mr. O'Connor continues on the board of directors and will also continue to consult to the Company.

About Plateau Energy Metals
Plateau Energy Metals Inc. is a Canadian lithium and uranium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru. The Company controls all reported uranium resources known in Peru, significant and growing lithium resources and mineral concessions covering over 91,000 hectares (910 km²) situated near significant infrastructure. Plateau Energy Metals is listed on the TSX Venture Exchange under the symbol 'PLU', quoted on the OTCQB under the symbol "PLUUF" and the Frankfurt Exchange under the symbol 'QG1'. The Company has 69,881,304 shares issued and outstanding.

Forward Looking Information
This news release includes certain forward-looking statements. Actual events or results may differ materially from those projected in the forward-looking statements and Plateau cautions against placing undue reliance thereon. Neither Plateau nor its management assume any obligation to revise or update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.