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 > Get Your Vote In

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Comment by MrInveston Jun 17, 2024 2:42pm

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Post# 36092571

RE:RE:Get Your Vote In

I feel that 10% of the shares outstanding (up to 11 million shares) to be owned FOR FREE by insiders is a lot for the shareholders to put out there in terms of equity. If it was being used as company matched etc I might be more willing to approve that. They are giving away TOO MUCH for rock bottom prices. Make your own decisions, but I voted no to the plan.

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