E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary 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 16.2 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.

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E3 Lithium Ltd > CFO Buys 20,000 Shares at $1.85 today

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Comment by Yajneon Oct 08, 2021 1:25am

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RE:CFO Buys 20,000 Shares at $1.85 today

Great to see Raymond Chow buying on open market. IMO, he is picking up shares before he is subjected to the usual blackout period for insiders on material news....specifically when the 24/7 pilot prototype is successfully operational later this month and proving scaleability of their DLE technology. As CEO Chris has been quoted as saying in the Sept 14 NR..."we expect a very exciting fall" DYODD. Raymond undoubtedly knew that Roth was initiating coverage as well and took a gamble that the market would like it. JMHO

Bookworm28 wrote: Oct 7/21 Chow, Raymond Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $1.85

This is the month the lab-pilot is expected to be 100% operational. I like it.