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 > Article on Seeking Alpha

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Comment by My19sixyNineZon Sep 25, 2023 11:08pm

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Post# 35653792

RE:RE:Article on Seeking Alpha

According to Bloomberg (as of September 20, 2023) there are two recent analyst share price targets on E3.

Roth MKM - Increased E3 price target to C$12.00 from C$10.00 in a September 18, 2023 note following a tour of the DLE field pilot on September 14, and preliminary field pilot data released September 15, 2023.

Red Cloud Securities - C$13.00 price target, report dated September 18, 2023.

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