E3 Lithium Expands Team with Multiple New Technical Roles
E3 Lithium Expands Team with Multiple New
Technical Roles
CALGARY, AB
,
Oct. 20, 2022
/CNW/ - E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX:
EEMMF),
Alberta's
leading lithium developer and extraction technology innovator, has expanded its
team to include multiple new technical and functional roles to enable its ambitious growth plans.
E3 Lithium (E3) has welcomed two new team members, Asmayet and Saeed, to its ion-exchange
development facility. To the role of Junior Lab Technician, Asmayet brings seven years of
experience as a lab analyst supporting oilsands site operations in northern
Alberta
and will be
supporting all technology development activities in E3's lab.
Saeed brings more than five years of experience in commissioning, start up and operations in the
natural gas and mineral processing industries, including the development of prototype and pilot-scale
processing technologies. Saeed joins E3 as a Technology Development Operator and will support
the growth of E3's ion-exchange technology into the field pilot and commercial facility.
E3 has welcomed Lelanie as an Ion Exchange Specialist. With a Masters of Chemical Engineering
and more than 10 years of experience in the water treatment and mineral processing industries,
Lelanie will be working in E3's growing process team, supporting process engineering and
technology development across the company including the testing, scale up, design and
implementation of E3's ion-exchange technology.
Also joining E3 as Manager of Engineering, Jody brings more than 25 years of experience to her
role, including progressive positions at major energy companies. Jody will be responsible for
delivering the feasibility studies that will lead to the design and construction of E3's first commercial
facility.
Finally, E3 has welcomed Gina as its new Controller. Gina has her CPA, CA designation and
experience in the financial services and energy industries. Gina will lead E3's robust financial
reporting and governance practices.
"The people are the most important asset of any company, and I am extremely pleased to welcome
these new highly experienced and talented individuals to E3's high-performing team," said
Chris
Doornbos
, President and CEO of E3 Lithium. "We have ambitious growth plans over the next year
for our technology, resource and corporate development to enable us to progress steadily to our
first commercial facility, and these individuals will play critical roles in our success."
About E3 Lithium
E3 Lithium is a development company with total of 24.3 million tonnes of lithium carbonate equivalent
(LCE) inferred mineral resources1 in
Alberta
. As outlined in E3's Preliminary Economic Assessment,
the Clearwater Lithium Project has an NPV8% of
USD 1.1 Billion
with a 32% IRR pre-tax and
USD
820 Million
with a 27% IRR after-tax
1
. Through the successful scale up its DLE technology towards
commercialization, E3 Lithium's goal is to produce high purity, battery grade lithium products. 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.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos
, President & CEO
E3 Lithium Ltd.
1: The Preliminary Economic Assessment (PEA) for the Clearwater Lithium Project NI 43-101
technical report is effective
Sept 17, 2021
. The mineral resource NI 43-101 Technical Report for the
North Rocky Property, effective
October 27, 2017
, identified 0.9Mt LCE (inferred). The mineral
resource NI 43-101 Technical Report for the Bashaw District Project, effective
July 11, 2022
,
identified 23.4Mt LCE (inferred). All reports are available on the E3 Lithium's website
(e3lithium.ca/technical-reports) and SEDAR (
www.sedar.com
).
Forward-Looking and Cautionary Statements
This news release includes certain forward-looking statements 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
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, competitive risks and the availability of financing, as described in more detail in our
recent securities filings available at
www.sedar.com
. 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.
Neither the 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.
SOURCE
E3 Lithium Ltd.
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For further information:
E3 Lithium - Investor and Media Relations, Robin Boschman, Director,
External Relations, [email protected], 587-324-2775
CO: E3 Lithium Ltd.
CNW 03:05e 20-OCT-22