Plateau Energy Metals Inc. provided an update on recent initiatives and activities. Falchani Lithium Chemical Project desktop work for project optimization programs in progress: Lithium chemical product flexibility to evaluate lithium hydroxide and lithium sulphate from lithium sulphate solution; Lithium process flowsheet optimization program design; By-product phase 2 program design. Macusani Uranium Project desktop work for project optimization programs in progress: Pre-concentration work program design as follow on to favourable Cameco results; 2 tonne uranium sampling program from 5 different deposit areas for future test work completed. Community support initiatives in Peru ongoing to help ensure the health, safety and wellbeing of their host communities. The Company is currently concentrating on taking strategic steps and engaging in discussions with various parties to advance the technical strengths and identify areas to increase the underlying asset value of the Falchani Lithium Project (“Falchani”). These steps are in preparation for future work programs while balancing capital constraints and the current Peru environment. Some of the work being considered: Phase II work program in planning, following on from the results of preliminary metallurgical work in April 2020 on potential by-products from caesium, rubidium and potassium for sulphate of potash (“SOP”). Complete SOP (fertilizer) market study for South America, and specifically Peru, as previous metallurgical test work results demonstrated SOP (K2SO4) is a potential by-product of Falchani. Lithium flowsheet optimization focused on areas where it may be possible to reduce reagent consumables and capital costs. Lithium chemical product flexibility to evaluate lithium hydroxide and lithium sulphate from lithium sulphate solution (Falchani leach solution). Evolving battery technology dictates the need for projects to evaluate flexibility in battery quality lithium chemicals to be a strategic player in the battery supply chain.