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Nowea Energy Inc.
Ansprechpartner: Investor Relations
Tel.: +1 775 686-2400
E-Mail: ir@noweaenergy.com

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Nowea Energy Inc.: Based on the drill results the Lithium Boron Deposit is significantly expanding to South-East


Reno, NV (pta033/05.07.2021/15:30) - The most important thing first: After further analysis of the drill cores of the Phase 2 exploration-drilling-program, the main zone of the deposit is significantly expanding!

This means that the proposed future open pit mining area can be significantly larger than originally expected. Also these drilling results still show mineable grades of ore. With the additional size of the deposit, many million euros of additional future revenues should be possible.

In addition, there should be additional significant exploration potential between, below and along the strike from the existing mineral resources. Based on this there is an additional chance to expand the project size furthermore.

In addition to this extremely positive news, we are pleased to announce that the project company has been able - plus to the high quality business partners and service providers already in place - to attract more world-leading experts for the development and realization of this mining project. Involved are for example

- PwC PricewaterhouseCoopers https://www.pwc.com
- CSA GLOBAL https://www.csaglobal.com
- SGS https://www.sgs.com
- METSO OUTOTEC https://www.mogroup.com
- ERM GROUP https://www.erm.com/industries/

The involvement of these top-class teams and companies is a testimony of the absolutely professional project approach and expertise of the mining company's management and another milestone in the realization of this exciting project.

Investor Relations / July 5, 2021

About NOWEA ENERGY: NOWEA ENERGY is an investment and private equity company with a strong focus on emerging, innovative companies. In particular we offer capital and expertise combined with a wide range of services to growth companies in the energy sector. Innovative companies from various future-oriented industries, such as mobility, e-mobility, energy, mining (strategic raw materials) as well as smart home and industry 4.0, are the focus of our investment. If necessary, further information can be obtained on the Internet at https://noweaenergy.com/

Disclaimer/Forward Looking Statements: This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or by statements indicating certain actions "may", "could", "should" or "might" occur. Although we believe that our plans, intentions and expectations reflected in these forward-looking statements are reasonable, these plans, intentions and expectations may not be achieved. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained in this release and our filings with the SEC. Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of the company. Readers of this information are requested to inform themselves about, and to observe, any possible restrictions.

(end)
emitter: Nowea Energy Inc.
200 S Virginia St 8th Floor
89501 Reno, NV
United States of America (USA)
contact person: Investor Relations
phone: +1 775 686-2400
e-mail: ir@noweaenergy.com
website: www.noweaenergy.com
stock exchanges: -
ISIN(s): US67012L1089 (share)
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