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.

TSXV:ETL - Post by User

E3 Lithium Ltd > E3 $20MM bought deal

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Comment by ndiamondon Sep 18, 2023 10:17am

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Post# 35641229

RE:E3 $20MM bought deal

allison5120 - very well thought out post. Agree with your comments. Thanks for that.

ETL is trading like the deal is well oversubscribed.

There were some complaining about the $2.25 bought deal financing done only 3 months ago. Share price since then has hit $5.72

Bought deal financing now at $3.55. Some complaining again. In a few months hopefully we will see $7.00 share price.

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These cold weather stocks are looking to heat up for winter