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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

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.


TSXV:ETL - Post by User

Comment by boredwheyon Oct 20, 2021 12:17pm
159 Views
Post# 34027392

RE:News - E3 Metals Successfully Commissions Lab-Pilot Prototy

RE:News - E3 Metals Successfully Commissions Lab-Pilot Prototy
Since nobody is responding to this I will.

This is probably very underwhelming for a lot of people who have been waiting for this and I bet a lot of this run up was with the expectation that numbers would also be part of this NR.

I doubt we will get any numbers for a coouple months as we are in protype mode still...good to know it works though. This is still very much a developing technology and company... but the growth potentail is huge, such a low float and if they need money people will be lining up for an offering. Stash this thing away and be prepared for it to drop back down $2.20-$2.40.
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