

HALIFAX, NOVA SCOTIA — (Globenewswire – March 07, 2023) ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the “Company” or “Elcora”), is pleased to announce that it has received, through its Ermazon SARL wholly owned subsidiary, a Manganese Exploitation License from the Moroccan government for its site named “Atlas Fox Deposit” in the region. This license allows Elcora to mine, extract, process and sell Manganese from its 16 km² mining concession in Morocco.