"Company" or "E3 Metals"), an emerging lithium developer and leading lithium extraction technology innovator today announced that John Pantazopoulos has joined E3 Metals Board of Directors. “I am very excited to strengthen the E3 Metals board of directors with the addition of John Pantazopoulos” com
CALGARY, ALBERTA, November 9, 2020 – E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTC: EEMMF) (the
"Company" or "E3 Metals"), an emerging lithium developer and leading lithium extraction technology innovator today
announced that John Pantazopoulos has joined E3 Metals Board of Directors.
“I am very excited to strengthen the E3 Metals board of directors with the addition of John Pantazopoulos” commented
Chris Doornbos, E3 Metals President and Chief Executive Officer. “John’s background in investment banking combined
with his experience as a CFO for Calgary-based energy companies brings critical expertise to E3’s strategic growth plan.”
John is a finance professional with over 20 years of direct energy industry and senior banking experience. John is
currently Interim CEO and CFO of a t echnology company which is developing a new electrolyser system which is
designed to generate green hydrogen utilizing renewable energy sources. Previously, John served as Vice President with
a large Alberta based financial institution leading a 50+ person team responsible for a $5B credit portfolio within energy,
oil field services, project finance and financial markets. Prior to that, John held the position of Senior Vice President
Finance and CFO of an Alberta based, private equity backed intermediate E&P producer which he co-founded. During his
career, John has held various positions within a large Canadian investment and commercial bank. He is a CFA
Charterholder and holds an ICD.D designation. Outside of work, John is passionate about public education, serving on
several committees, including the audit committee for the Calgary Board of Education. Beyond a focus on public
education, John also served as chairman of the Calgary Parking Authority. In 2017, he was humbled to be recognized as
a Calgary “Top 40 under 40”.
“I am thrilled to be joining the E3 Metals team as we lo ok to develop and commercialize our proprietary direct lithium
extraction process right here in Alberta” Commented John Pantazopoulos. “With strong market tailwinds in support of
lithium, the combination of our world class resource and technical expertise provides E3 Metals with a unique opportunity
to create shareholder value as we meet the growing global demand for lithium. The future is exciting for E3 Metals and I
look forward to working alongside and collaborating with the Board and management.”
Further to the Company’s recent private placement, the Company will issue 594,068 share purchase warrants (the “Livent
Warrants”) to a wholly-owned subsidiary of Livent Corpora tion (“Livent”) pursuant to the anti-dilution provision of the
joint development agreement (the “Agreement”) between the Company and Livent announced September 18, 2019. The
Livent Warrants are exercisable for up to fo ur years at an exercise price of $0.40, as more particularly described in the
Agreement available under the Company’s profile at www.sedar.com.
In addition, the Company has granted 600,000 stock options to the Directors of the Company, including 200,000 to John
Pantazopoulos, at an exercise price of $0.70 per share for a period of 3 years. The options will vest immediately in
accordance with the policies of the TSXV. The stock option issuance remains subject to TSXV approval.
About E3 Metals
E3 Metals is a lithium development company with 6.7 million tonnes of lithium carbonate equivalent (LCE) inferred
mineral resources1 in Alberta. E3 Metals is currently advancing its proprietary direct lithium extraction (DLE) process
in partnership with Livent Corporation (NYSE:LTHM), a global leader in lithium production, under a joint development
agreement. Through the successful scale up its DLE process towards commercialization, E3 Metals’ goal is to produce
John Pantazopoulos Joins E3 Metals Board of Directors
Directors:
Chris Doornbos
Paul Reinhart
Mike O’Hara
Peeyush Varshney
John Pantazopoulos
Suite 2300 – 150 9th Ave SW
Calgary, AB T2P 3H9
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3metalscorp.com
high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3
Metals has the potential to deliver lithium to market from on e of the best jurisdictions in the world. E3 Metals also
continues to work with partners at the University of Alberta and at GreenCentre Canada. For more information about
E3 Metals, visit http://www.e3metalscorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chris Doornbos, President & CEO
E3 METALS CORP.
Chris Doornbos (P.Geo), CEO and Director of E3 Metals Corp., is a Qualified Person as defined by NI 43-101 and has read and
approved the technical information contained in this announcement.
1. E3 Metals has released information on three 43-101 Technical Reports totaling a resource of 6.7 Mt LCE. The Central Clearwater
Resource Area (CCRA) Technical Report, identifying 1.9Mt LCE (inferred), is dated effective October 27, 2017, and the North Rocky
Resource Area (NRRA) Technical Report was dated effective October 27, 2017, identifies 0.9Mt LCE (inferred). A third report for the
Exshaw West Resource Area (EWRA), identifies 3.9Mt LCE (inferred) and was filed on June 15, 2018, effective June 4, 2018. All
reports are available on SEDAR (www.sedar.com)
Neither the TSX Venture Exchange nor its Re gulation Services Provider (as that term is defined in the policies of the TSX Ventu re
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements concerning the potential of the Company’s projects and technology ,
as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such
words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is
inherently uncertain and subject to a vari ety of assumptions, risks and uncertainties, including the speculative nature of mine ral
exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction
technologies which have not yet been tested or proven on a comme rcial scale or on the Company’s brine, competitive risks and the
availability of financing, as described in more detail in our re cent securities filings available at www. sedar.com. Actual even ts or
results may differ materially from those projected in the forw ard-looking statements and we cau tion against placing undue relia nce
thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.