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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

Post by ndiamondon Jan 04, 2022 10:57am
275 Views
Post# 34281594

E3 Metals Appoints John Pantazopoulos as Chairperson...

E3 Metals Appoints John Pantazopoulos as Chairperson...Nice to see the E3 team continuing to be built.     Putting all the pieces in place.

E3 Metals Appoints John Pantazopoulos as Chairperson and Thanks Liz Lappin for Her Years of Service with E3 Metals

Canada NewsWire

CALGARY, ABJan. 4, 2022 /CNW/ - E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTCQX: EEMMF) (the "Company" or "E3 Metals"), an emerging lithium developer and leading direct lithium extraction ("DLE") technology innovator, today announces the appointment of John Pantazopoulos as Chair of the Board. The Company would also like to thank Liz Lappin, former VP Corporate Affairs and Exploration, for her dedication to E3 Metals over the past 5 years. Liz will remain on in an advisory role to assist the Company in the transition and key stakeholder relationships.

The Company is promoting Joanie Kennedy to the position of Geology Manager, under Peter Ratzlaff. Peter is moving into the position of Director of Resource Development. Peter's team, including the recent addition of an exploitation engineer, will be responsible for delivering the drilling and testing of the first lithium wells in Alberta as the team works towards the Company's resource upgrade. Chris Ward will be moving into the position of Director of Projects and is building a team to deliver the pilot plant, and eventually, E3 Metals' commercial facility.  Over the past few months, E3 Metals has been actively increasing the team with the addition of six new staff members, including the Director of Corporate Strategy, who will be announced within the first quarter.

"It has been a pleasure working with Liz over the past 5 years," commented E3 Metals CEO, Chris Doornbos, "I wish her the best as she takes some time with her family and pursues her MBA. I am excited to announce the appointment of John Pantazopoulos as Chair of the board. In addition, I would also like to welcome all the new members who have recently joined the team!"

"I am humbled to have been elected Chairperson of E3 Metals," commented John Pantazopoulos, "As the Company continues to expand operations and develop our DLE technology, this next year promises to be full of exciting developments. I look forward to working closely with the CEO and leadership team as we move the Company's key strategic priorities forward."

About E3 Metals Corp. E3 Metals is a lithium development Company with 7.0 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources1 in Alberta and an NPV8% on its Clearwater Lithium Project of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1. Through the successful scale up its DLE technology towards commercialization, E3 Metals' goal is to produce high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3 Metals has the potential to deliver lithium to market from one of the best jurisdictions in the world. For more information about E3 Metals, visit https://www.e3metalscorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS,

Chris Doornbos, President & CEO E3 METALS CORP.

 

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