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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 My19sixyNineZon Aug 23, 2023 6:07pm
140 Views
Post# 35602801

Don't forget..

Don't forget..

the 2023/2024 tax breaks, grants covers all new land(2024) for facilities, euipment & etc..

 

It now also includes $15b Canadian Growth Fund. That is to attract partners to large projects. If a pension fund, sovereign fund, etc., buys shares, they get a 30% rebate. Just like the current Flow Through for small company private placements.

 

So when the build-out Capx is final, E3 still has many leveraged, non-dilutive routes.

 

Combined with what will be a multiples higher sp, this should continue working towards outstanding route to commercialization.

 

This dosen't even factor US IRA or maybe even some EU monies too. : ))

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