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FORWARD-LOOKING STATEMENT

This Presentation includes and is based on forward-looking

information and statements that are subject to risks and

uncertainties. All statements within, other than statements

of historical fact, are to be considered forward looking.

There can be no assurances that such statements will

prove accurate and, therefore, readers are advised to rely

on their own evaluation of such uncertainties. To the best

of management’s knowledge the information throughout

the Presentation is revised and up to date.

This presentation has been reviewed by Christopher Taylor,

P.Geo., a Qualified Person for the purpose of National

Instrument 43-101.

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INTRODUCTION • Electric Metals Inc. is a Canadian rare earth element

exploration company that publicly trades on the TSX

Venture Exchange under the symbol "EMI”

• The company is committed to maximizing asset growth

and shareholder value through identifying, exploring and

acquiring high development potential rare earth

deposits

• Since commencing operations in 2009, Electric Metals

has proven its ability to acquire these highly prospective

properties

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SENIOR MANAGEMENT TEAM

Tony M. Ricci, CA, President & Director

• Current Corporate Secretary and Executive VP at Keegan Resources Inc.; formerly director and CFO of

Norsemont Mining Inc. and CFO of both Petaquilla Minerals Ltd. and Petaquilla Copper Ltd., companies

with a combined market capitalization approaching $1 billion

• Extensive experience with capital raise, corporate finance and mergers & acquisitions

Chris Taylor M.Sc, P.Geo, Vice President of Exploration

• Economic geologist and explorationist; extensive experience with porphyry copper gold, epithermal

gold, VMS, and lithium brine exploration projects with both mid-tier producer & junior mining companies

• Professional Geologist holding Bachelor of Science (Honours) degree in Earth Science & Master of

Science degree in Structural Geology from Carleton University

Desmond M. Balakrishnan, LL.B, Corporate Secretary

• Holds Bachelor of Law from the University of Alberta & Bachelor of Arts from Simon Fraser University;

Partner of McMillan LLP's Corporate Finance/Securities Law Group since 1994

• Member of the Law Society of BC, the Vancouver Bar Association, Canadian Bar Association & is a

recipient of Business in Vancouver's "Top 40 Under 40“

Zula Kropivnitski, Chief Financial Officer

• Former Controller of Sacre-Coeur Minerals & African Queen Mines Ltd.

• Master of Mathematics & Master of Economics degree from Russia, CGA designation in British Columbia

& ACCA designation from Association of Chartered Certified Accountants

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BOARD OF DIRECTORS AND ADVISORS

Tony M. Ricci, CA, Director

• Current Corporate Secretary and Executive VP at Keegan Resources Inc.; formerly director and CFO of Norsemont Mining Inc. and CFO of both Petaquilla Minerals Ltd. and Petaquilla Copper Ltd., companies with a combined market capitalization approaching $1 billion

Patrick McAndless, B.Sc (Honours) P.Geo, Director

• Current VP of Exploration for Imperial Metals Corp. & former recipient of APEGBC's C.J. Westerman Memorial Award, H.H. "Spud" Huestis

Award for Excellence in Prospecting and Mineral Exploration & the Northern BC Prospector of the Year Award

• Professional Geoscientist holding a Bachelor of Science Degree (Honours Geology) from the University of British Columbia

Gilles Arseneau, P.Geo, Director

• Over 25 years of experience in exploration project management and has extensive knowledge of geostatistical mineral resource

estimations and reserve audits

• Served three years as Manager of Geology for the TSX Venture Exchange & is currently Manager of Geology for a senior engineering

consulting group based in Vancouver

Dr. Anthony Mariano, Ph.D., Advisor to the Board

• Geologist with extensive field & laboratory experience in exploration & economic geology with primary focus on carbonatites, alkaline

rocks & rare metals

• Consulted to Molycorp Inc., Companhia Brasileira Metalurgia e Mineracau (CBMM), Rare Element Resources & the United Nations; has

authored numerous technical publications, reports and patents

Dr. David M. Stone, Ph.D., P.Eng., MBA, Director

• 30 years engineering & financial consulting experience to underground and surface metal mines worldwide

• BA Sc. in geological engineering from the University of British Columbia & PhD in civil engineering at Queen's University in Kingston where he

also returned to complete an MBA

Don Currie, Director

• More than a decade of experience raising capital and marketing resource exploration companies

• Known for strong communication skills & network of contacts within the financial community & resource media that extends across North

America and Europe

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SHARE STRUCTURE

Issued & Outstanding 46,231,762

Warrants 15,750,000

Options 4,605,000

Fully Diluted 66,586,762

*As at March 31, 2011

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INVESTMENT HIGHLIGHTS

• Electric Metals is focused on the exploration of rare earth elements

with properties in two leading Canadian REE exploration districts

• Current projects include the Chuchinka property in central British

Columbia and the Abitibi properties in the Montviel area of Quebec

• 2011 exploration program has commenced at Chuchinka

• EMI has an option to earn a 75% interest in the Chuchinka property

and a 100% interest in the Abitibi properties

• A global supply deficit of rare earth elements has driven up prices

more than tenfold since 2009

• Increasing dependence on technology has also led to increased

demand for rare earth elements

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CHUCHINKA PROJECT

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• 2,268 hectare (5 claims) contiguous to and adjoining Spectrum

Mining Corp’s recently reported rare earth discovery

• Located 80 km northeast of Prince George, BC via Highway 97

• Spectrum Mining reported significant rare earth element

mineralization on its Wicheeda carbonatite-syenite breccia intrusive

complex rare earth discovery

• Highlights from Wicheeda include three separate drill holes

containing: o 48.64 metre interval which averaged 3.55% rare earth elements (“REE”)

o 72.0 metre interval which averaged 2.92% REE

o 144 metre interval which averaged 2.20% REE

CHUCHINKA PROJECT

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CHUCHINKA PROJECT • Phase 1exploration to

define drill targets

within several

anomalies, the largest

of these measuring

4km by 1km –

commenced in June

• Phase 2 exploration

will consist of

trenching and a

diamond drill program

to test high-priority

zones identified in the

phase 1 program

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MONTVIEL PROJECT

• Consists of 8 claim blocks in the Abitibi region of Quebec with certain

blocks within 15 kilometres of Geomega Resources Inc.’s (TSX-V:

GMA) Montviel property

o The Abitibi claims total 21,600 hectares (216 square

kilometres)

• Abitibi claims cover most of the known syenite occurrences

surrounding the Montviel syenite-carbonatite complex

o Geomega drilling recently returned results of 485 metres of

1.44% TREO including 111 metres of 2.09% TREO

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MONTVIEL PROJECT

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MONTVIEL PROJECT • Four of the 8 local syenite complexes have already been confirmed

to host carbonatite

• Historical drilling has intersected carbonatite similar to that which

hosts REE mineralization at Montviel, but was not assayed for REE at

the time

• Syenite-carbonatite complexes were emplaced along two major

structural corridors o The Abitibi claims cover most of the known syenite occurrences that have

intruded these trends

o Remaining syenites of the Abitibi claims may also be prospective for carbonatite emplacement and associated REE mineralization

o Potential to host additional favourable REE hosting lithologies

• The Abitibi claims present a large-scale, highly prospective target in

Canada’s new REE district

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CONTACT ELECTRIC METALS INC.

Suite 302, 750 West Pender Street

Vancouver, BC, Canada V6C 2T7

Tel: 604.681.0084 Fax: 604.681.0094

www.electricmetalsinc.com

INVESTOR RELATIONS

Richard Fonseca

Tel: 604.681.0084 ext. 32

rfonseca@preaknessmgt.com

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