E3 Lithium Invites Investors to Upcoming Webinar to Share Progress and Plans for 2024
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
E3 Lithium Invites Investors to Upcoming Webinar to
Share Progress and Plans for 2024
Highlights:
• E3 Lithium is excited to invite investors and other interested parties to its webinar on Thursday,
February 22 to provide an update on its progress and share what’s in store for 2024
• E3 Lithium will share a fulsome project update including the exciting progress made on the
Prefeasibility Study, plans for 2024 and summary of the technical results from 2023
CALGARY, ALBERTA, February 6, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3
Lithium” or the “Company”, Alberta’s leading lithium developer and extraction technology innovator, is
pleased to invite investors and other interested stakeholders to a webinar on Thursday, February 22 to hear
from Chris Doornbos, President and CEO, about the progress E3 Lithium has made to-date on its goals and
its plans for 2024.
Save the Date: 2024 Webinar with Chris Doornbos
Date: Thursday, February 22, 2024
Time: 10 a.m. MST / 12 p.m. EST / 9 a.m. PST
Location: Zoom (link will be provided in advance)
E3 Lithium’s goal is to progress towards commercial lithium production as soon as possible. A major
milestone in the achievement of this goal is completing the Pre-Feasibility Study (PFS). This study reviews
all possible options and, by the end of the engineering, outlines a single process and design to proceed
towards the next level of engineering. The engineering team at E3 Lithium has been reviewing all critical
information and has finalized the major decisions that form the basis of the public-facing NI 43-101 report.
More information about the inputs and decisions that will be outlined in the NI 43-101 report will be shared
at the webinar. E3 Lithium is designing its PFS to a level of detail that will enable it to move directly into
Feasibility Study; spending sufficient time now on the important design decisions will support the Company
in moving expeditiously through advanced engineering and into construction and reduces the risk of time
intensive and costly rework at later stages.
E3 Lithium is planning to achieve significant milestones in 2024 that moves it towards first commercial
lithium and has the balance sheet and team in place to deliver. The Company looks forward to sharing more
about the year ahead at its upcoming webinar.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President & CEO
E3 Lithium Ltd.
E3 Lithium - Investor and Media Relations
Robin Boschman
Director, Investor Relations and Corporate Communications
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
587-324-2775
About E3 Lithium
E3 Lithium is a development company with a total of 16.0 million tonnes of lithium carbonate equivalent
(LCE) Measured and Indicated and 0.9 million tonnes 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-tax1. 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 Preliminary Economic Assessment (PEA) for the Clearwater Lithium Project NI 43-101 technical
report is amended Sept 17, 2021. Gordon MacMillan, P.Geol, QP, Fluid Domains Inc. and Grahame Binks,
MAusIMM, QP (Metallurgy), formerly of Sedgman Canada Limited (Report Date: June 15, 2018, Effective
Date: June 4, 2018 Amended Date: September 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 March 21, 2023, identified
16.0Mt LCE (measured & indicated). All reports are available on the E3 Lithium’s website
(e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).
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.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.
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.