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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 MrInveston Apr 16, 2024 9:46pm
101 Views
Post# 35992914

RE:RE:RE:RE:Looks to me

RE:RE:RE:RE:Looks to me Actually on review of the published docs again. The capital gains exception is 250k per individual per year. To be honest, good luck with that liberals, people will just move around the money. This will likely increase the frequency at which assets change hands to realize gains sooner rather than let them accumulate to ensure that the assets do not accumulate over 250k in gains. 

This aspect of the budget clearly was established without common sense understanding of how people will execute legitimate tax avoidance strategies. 
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