E3 Lithium and Pure Lithium Build Lithium Metal Batteries Produced from Alberta Brines
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
E3 Lithium and Pure Lithium Build Lithium Metal Batteries Produced
from Alberta Brines
CALGARY, ALBERTA, March 13, 2025 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3
Lithium” or the “Company,” a leader in Canadian lithium, is pleased to announce as part of its ongoing Joint
Development Agreement with Pure Lithium Corporation ("Pure Lithium") that the companies have produced
lithium metal batteries using E3 Lithium's brines and DLE technology and Pure Lithium's innovative battery
technology.
This initial work has focussed on integrating E3 Lithium’s concentrate production flow shee t with Pure
Lithium’s proprietary Brine to Battery ™ technology to produce high quality lithium metal batteries. Various
versions of lithium chloride concentrate that reflect locations along the E3 Lithium process flow sheet have
been electrodeposited into lithium metal and evaluated for consistency and purity. From there, batteries were
produced to test how the metal performed when assembled into a battery. From this work, an optimized
lithium chloride concentrate , in terms of lithium concentration and impurity profile, has been defined. E3
Lithium and Pure Lithium ha ve successfully manufactured more than 80 lithium metal batter y cells using
lithium concentrate produced by E3.
Pure Lithium has proceeded with rigorous testing of the batteries for cell performance using industry standard
metrics. An outline of the results from this work will be released once all the battery testing and analysis is
complete.
“The production of lithium metal batteries from E3’s Alberta brine marks a significant milestone and outlines
our ability to produce multiple battery grade lithium products," said Chris Doornbos, President and CEO of E3
Lithium. "The successful integration of E3’s lithium brine resource and DLE technology with Pure Lithium's
innovative technology demonstrates our commitment to developing a secure , reliable, and local lithium
battery supply chain.”
“The expertise of E3 Lithium’s team, along with their extensive brine resources, has been crucial in advancing
our Brine to Battery ™ technology for the production of lithium metal anodes,” said Emilie Bodoin, Founder,
Chairman & CEO of Pure Lithium. "We are confident in our strong partnership with E3 and our shared ability
to achieve large-scale lithium metal anode production at a fraction of current commercial costs."
The testing program is expected to be completed in Q2 2025.
Equity Awards Grant
In relation to the Equity Awards Grant and Repricing of Options disclosed in the Company’s news release date
March 7, 2025, the Board of Directors had also approved the issuance of an additional 300,000 restricted
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
share units (“RSUs”) to the Company’s CEO, which RSUs will vest as to one third on each anniversary of the
date of grant.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President & CEO
E3 Lithium Ltd.
E3 Lithium - Investor and Media Relations
Alexis de la Renaudiere
Investor Relations
587-324-2775
E3 Lithium - Media Inquiries
Kati Dolyniuk
External Relations
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About E3 Lithium
E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent
(LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources2 in Alberta and
2.5 million tonnes LCE Inferred mineral resources3 in Saskatchewan. The Clearwater Pre-Feasibility Study
outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a
29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR1. E3 Lithium’s goal is to produce high
purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium
resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from
one of the best jurisdictions in the world.
1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium’s website
(https://e3lithium.ca/our-assets/technical-reports/) and SEDAR+ (www.sedarplus.ca).
2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9
Mt LCE (inferred) and is available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+
(www.sedarplus.ca).
3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5
Mt LCE (inferred) and is available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+
(www.sedarplus.ca).
Unless otherwise indicated, Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under
National Instrument 43-101, has reviewed and is responsible for the technical information contained on this
news release.
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
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About Pure Lithium
Pure Lithium is a disruptive Boston -based lithium metal battery technology company led by inventor and
lithium expert, CEO Emilie Bodoin, and world -renowned battery and metallurgical expert, MIT Emeritus
Professor Donald R. Sadoway, as full-time CSO. The Company's novel Brine to Battery™ technology combines
metal extraction and anode production, unlocking unconventional sources of lithium. The resulting pure
lithium metal anode is the core component of our lithium metal vanadium oxide battery, a step -change
improvement over today’s lithium -ion technology in cell performance, cost, and safety. Additionally, the
battery is free of graphite, cobalt, nickel, and manganese. For more information, visit www.purelithium.io or
email [email protected].
Forward-Looking and Cautionary Statements
This news release includes certain forward -looking statements as well as management’s objectives,
strategies, beliefs and intentions or forward -looking information within the meaning of applicable securities
laws. Forward-looking statements are frequently identified by such words as “believe”, “may”, “will”, “plan”,
“expect”, “anticipate”, “estimate”, “intend”, “project”, “potential”, “possible” and similar words referring to
future events and results. Forward -looking statements are based on the current opi nions, expectations,
estimates and assumptions of management in light of its experience, perception of historical trends, and
results of the PFS, but such statements are not guarantees of future performance. In particular, this news
release contains forwar d-looking information relating to: the potential for delivery of lithium to market;
expected timing for releasing battery cell performance results; expectations regarding results of the
upcoming performance tests; timing for completion of the testing progr am; and the anticipated benefits of
the foregoing. In preparing the forward -looking information in this news release, the Company has applied
several material assumptions, including, but not limited to, that any additional financing needed will be
available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent
with the Company’s expectations; that the current exploration, development, environmental and other
objectives concerning the Clearwater Project can be achiev ed and that its other corporate activities will
proceed as expected; that the current price and demand for lithium will be sustained or will improve; that
general business and economic conditions will not change in a materially adverse manner and that all
necessary governmental approvals for the planned activities on the Clearwater Project will be obtained in a
timely manner and on acceptable terms; the continuity of the price of lithium; that the results of the testing
program will be delivered in a timely manner consistent with the Company’s projected timelines; and that the
results will be in line with management’s expectations.
All forward-looking information (including future-orientated financial information) is inherently uncertain and
subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral
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 commercial scale or on the
Company’s brine, risks related to the availability of financing on commercially reas onable terms and the
expected use of proceeds; operations and contractual obligations; changes in estimated mineral reserves or
mineral resources; future prices of lithium and other metals; availability of third party contractors; availability
of equipment; failure of equipment to operate as anticipated; accidents, effects of weather and other natural
phenomena and other risks associated with the mineral exploration industry; the Company’s lack of operating
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
revenues; currency fluctuations; risks related to dependence on key personnel; estimates used in financial
statements proving to be incorrect; risks related to the results of the testing program not being in delivered
in a timely manner and/or not being in line with management’s expectations; competitive risks and the
availability of financing, as described in more detail in our recent securities filings available under the
Company’s profile on SEDAR+ at www.sedarplus.ca. Actual events or results may differ materially from those
projected in the forward -looking statements and we caution against placing undue reliance thereon. We
assume no obligation to revise or update these forward-looking statements except as required by applicable
law.