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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 Shackle12on Apr 27, 2023 8:57am
313 Views
Post# 35416582

Plenty of Reading

Plenty of ReadingTaken from SEDAR , pick and choose what you like or dislike. These 3 stood out to me. IMHO things look good going forward.
 
Working with E3’s Significant Resource Base: E3’s significant resources in the Bashaw District, and the untapped potential of the North Rocky Resource Area, may offer opportunities to partner with larger companies on developing its assets that may assist in securing funding and advancing its timeframes.
Offtake Contracts: E3 is active in developing relationships with the battery and automotive industries as it moves through the next phase of project development in 2023. E3’s strategy has been to develop meaningful agreements that provide binding provisions for the development of future sales contracts. E3 has signed non-binding Memorandums of Understanding (“MOU”) with battery and automotive manufacturers, however, has elected to keep such MOUs confidential to allow for the continued negotiation with additional parties.
RISK FACTORS You should carefully consider the risks described below, which are qualified in their entirety by reference to, and must be read in conjunction with, the detailed information appearing elsewhere in this Annual Information Form, and all other information contained in this Annual Information Form. The risks and uncertainties described below are those we currently believe to be material, but they are not the only ones we face. If any of the following risks, or any other risks and uncertainties that we have not yet identified or that we currently consider not to be material, actually occur or become material risks, our business, prospects, financial condition, results of operations and cash flows and consequently the price of the Common Shares could be materially and adversely affected
 
A usual DD strongly advised.
GL longs

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