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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 Yajneon Dec 04, 2021 1:21am
142 Views
Post# 34197850

RE:RE:New video of E3 metal presentation

RE:RE:New video of E3 metal presentationConfirmed again in response to question at end of presentation, cash sufficient to get through drilling of lithium wells and construction of field pilot plant. This is excellent because the likelihood of another raise is extremely remote IMO with suitors likely already at the door and the JV price no doubt will go up when they confirm pilot prototype results late 2021/early 2022. With the massive potential that E3 presents, there is also no doubt they will receive much attention and support from the Alberta government that is under pressure on GHG matters

Yajne wrote: Great new video, thanks for posting. Still watching, but one thing I picked up early (approx 7:10) is Chris saying they have over $18million in the bank which confirms significant warrant conversion in recent weeks, probably a couple million more than the $5.6 in their Nov.3 NR. Well financed!!!

Millar wrote: https://youtu.be/6Mk3LfWYSFM




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