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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 Alexshipmanon Oct 05, 2023 10:44am
128 Views
Post# 35670981

RE:Elephant in the room

RE:Elephant in the roomChris Doornbos & your partner IMO ... please explain to your "other investors" 


'Separately, from the exercise of stock options that were or are soon to expire, some insiders plan on selling a portion of their shares to pay for the associated tax liabilities. The insiders continue to remain supportive of the Company and have collectively agreed to sell only the minimum required number of shares to cover tax liability from their exercise and related expenses.'
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