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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 Beaubieon Oct 05, 2021 1:19pm
149 Views
Post# 33967636

E# corporate update

E# corporate update
   
     
    FALL Updates  
   
    October 5, 2021  
 
   
   
   
  E3 Metals Newsletter  
 
   

Welcome Back!

To our E3 Metals followers, shareholders and subscribers, we hope you had a great summer! Chris (CEO) and Raymond (CFO) have had a busy summer presenting in the E3 story in the investment community. Now that people are getting back to their desks from their summer break, we wanted to reach out and provide some updates and interesting lithium market insights.
 
 

In this issue:

·  Welcome Back!
·  North American OEM’s
·  Large DLE Investment
·  Lab Prototype
·  OTCQX | TSX-V Tier 1
·  Recent Activity
   
   

Industry News

While North America is the laggard in the EV space globally, we are still seeing major movements locally as the major OEM’s in North America begin to position themselves. This recent article in the Wall Street Journal is a good example of these types of partnerships.
 
DLE technologies, similar to E3’s, are also getting serious attention and investment. While DLE is a relatively new process type, we believe it will take on a major market share of lithium production in the future as more projects reap the benefits of this low energy, low cost process.
 
    “The way we use energy today is evolving; lithium will remain at the forefront having the largest energy density of all metals
-Chris Doornbos, CEO
 
 
 
   
 
 
  Aerial View over E3 Metals Clearwater Project Area
   
 

E3 News

Our technical team has been busy in the lab commissioning our scaled-up prototype further demonstrating our DLE technology. We anticipate full operation of the prototype by the end of October. We are also in the processes of finalizing a location for our pilot plant site.  We anticipate breaking ground for our Pilot in 2022!
 
E3 has also been busy n the corporate front; we recently graduated to the Tier 1 of the TSX Venture exchange. We’ve subsequently also applied to the OTCQX. While we currently trade on the pink sheets, we anticipate the start of trading on the QX very soon, pending approval from the OTCQX. 
 
 
  Chris has been active in the investment community presenting the E3 story throughout the summer virtually. He recently presented in person at the Fast Markets Lithium Conference in Las Vegas and has continued his travels into the European market attending the Battery Event Lyon.  
     
   
 
    There have been a large amount of interest and investments in the lithium space over the past few weeks, including Lilac, mentioned above, Vulcan Energy and others. E3 is well positioned to capitalize on the market momentum.
 
E3 stands out amongst our peers as it has both the technology for lithium extraction and a significant resource to start and expand our commercial lithium production.
We look forward to providing more updates as our major milestones are achieved. If you have any questions, reach out to us at investor@e3metalscorp.com.
 
Kind Regards,
 
 
Chris & Raymond
 
 
 
                                           
 
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