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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

Post by donteatbeyond2on Aug 08, 2024 5:01am
241 Views
Post# 36168943

Demonstration facility press release

Demonstration facility press releaseThis press release is an epic fail and nothing but fluff on all levels. They could have just had the headline as the press release. No timeline, no capex numbers, no guidance....what third-party technology will they test since their own dle tech didn't work? This dog is worth only land value = $0.10 per share at most....I was right when I predicted this would fall under $1/share 8 months ago. The stock would go up if they announce putting in place CEO with real experience.
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