Calgary, Alberta, April 26, 2024–(BUSINESS WIRE)–E3 Lithium Ltd. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), Canada's lithium leader, “E3 Lithium,'' the “Company,'' announced today that December 2023 We have filed our consolidated financial statements and accompanying management's report for the year ended March 31, 2019. SEDAR+ Profile Discussion and Analysis (“MD&A”) (www.sedarplus.ca). Financial statements and MD&A are also available from E3 Lithium's website at www.e3lithium.ca.
on behalf of the board of directors
Chris Doornbos, President and CEO
E3 Lithium Co., Ltd.
About E3 Lithium
E3 Lithium is a development company with a total of 16 million tonnes of Lithium Carbonate Equivalent (LCE) Measured and Indicated Mineral Resources and 0.9 million tonnes of LCE Inferred Mineral Resources.1 in Alberta. As outlined in E3's preliminary economic assessment, the Clearwater Lithium Project's NPV8% is USD 1.1 billion at a 32% pre-tax IRR and USD 820 million at a 27% after-tax IRR.1. E3 Lithium's goal is to produce high-purity, battery-grade lithium products that power the growing electrical revolution. With significant lithium resources and innovative technology solutions, E3 Lithium has the potential to supply lithium to the market from one of the world's best jurisdictions.
1: The Clearwater Lithium Project NI 43-101 Technical Report Preliminary Economic Assessment (PEA) is revised on September 17, 2021. Gordon MacMillan, P.Geol, QP, Fluid Domains Inc. and Grahame Binks, MAusIMM, QP (Metallurgy), formerly of Sedgman Canada Limited (Reporting date: June 15, 2018, Effective date: 2018 June 4, 2021, revised September 17, 2021). The Mineral Resource NI 43-101 technical report for the North Rockies property, effective October 27, 2017, identified 0.9Mt of LCE (estimated). The Mineral Resources NI 43-101 Technical Report for the Basho District Project, effective March 21, 2023, identified 16 million tonnes of LCE (measured and indicated). All reports are available on E3 Lithium's website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).
Forward-looking and cautionary statements
This news release contains certain forward-looking statements as well as management's goals, strategies, beliefs and intentions. Forward-looking statements often include words such as “may,” “will,” “plan,” “expect,” “anticipate,” “estimate,” and “intend.” , and similar words that refer to future events or results. Forward-looking statements are based on management's current beliefs and expectations. All forward-looking information is inherently uncertain and subject to a variety of factors, including the speculative nature of mineral exploration and development, fluctuations in commodity prices, and the effectiveness and feasibility of emerging lithium extraction technologies that have not yet been tested. It is subject to assumptions, risks and uncertainties. as evidenced by the commercial scale or salinity of the company, competitive risks and financing availability, as further described in the Company's recent securities filings available at www.sedarplus.ca. Actual events or results could differ materially from those anticipated in the forward-looking statements, and you are cautioned not to place undue reliance on them. We undertake no obligation to revise or update these forward-looking statements, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240426774440/ja/
contact address
E3 Lithium – For Investors and Media Members
robin boschman
Director, Investor Relations and Corporate Communications
investor@e3lithium.ca
587-324-2775
