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E3 Lithium Ltd. V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.0 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Post by tiger6301on Dec 02, 2020 8:00am
332 Views
Post# 32016460

E3 News today

E3 News todayLet's get this done, move to the next stage of development!

tiger

E3 METALS CORP. (TSXV:ETMC.VN) (FSE:OU7A) (OTC:EEMMF) (the "Company" or "E3 Metals"), an emerging lithium developer and leading lithium extraction technology innovator, today announced that in agreement with Canaccord Genuity Corp, coordinated with Mackie Research Capital Corp ("MRCC") and our valued presidents list subscribers, has agreed to amend the terms of the financing announced on November 19, 2020. The new terms of the placement of the unit offering (the "Units") has been adjusted to C$0.85 per Unit for gross offering of C$5,000,000 (the "Offering").

https://www.theglobeandmail.com/investing/markets/stocks/ETMC-X/pressreleases/729338/

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