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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

Comment by TheWokeLemmingon Oct 30, 2023 12:29pm
127 Views
Post# 35707420

RE:RE:Class action

RE:RE:Class action

Laxxxwelding wrote: Yes im am seriously considering it. 

There are a hand full of things would couple bring to the tsble the questions the intergeity of our BOD. 

- zero reason for share price to tank leading into the forst KPI results.  Then a bought deal is announced. 

- insiders selling prior to news

- SP sky rocketing the day before news and tanking the day of 

The list goes on. 

My question is, do we hold strong and hope for fundamentals to play out or do we continue to lose our shirt based on our managment team. 



 

I wasn't an investor prior to the bought deal announcement, but it's clear that in the few days leading up to the announcement a major selloff occurred.  Did insiders sell on those days as well?   Clearly the news was leaked then, similar to Oct 17.  

This is a major concern for all of us.  Who wants to invest in a company that plays favorites for some shareholders over others?  To me this falls squarely on the CEO.  

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