E3 Lithium to Host Detailed Webinar on Pre-Feasibility Study
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
E3 Lithium to Host Detailed Webinar on Pre-Feasibility Study
CALGARY, ALBERTA, July 9, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3
Lithium” or the “Company,” a leader in Canadian lithium, is pleased to invite investors and other interested
stakeholders to a webinar on Wednesday, July 10. Chris Doornbos, President and CEO will present the
details of our recently released Pre-Feasibility Study (“PFS”). The presentation will be followed by a Q&A
session.
Details of the webinar:
Date: Wednesday July 10, 2024
Time: 11:00am MT (1:00pm ET, 10:00am PT)
Duration: 20 minute presentation followed by Q&A session
Log in details: Zoom
To read the full Pre-Feasibility Study press release click here.
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
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 Pre-Feasibility Study news release dated June 26, 2024 is available on the E3
Lithium’s website (e3lithium.ca/newsroom/news-releases/) and SEDAR+ (www.sedarplus.ca).
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.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).
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 Canadian securities laws. Forward looking statements are frequently identified by such
words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “project”, “potential” and
similar words referring to future events and results. Forward-looking statements are based on the
current opinions and expectations, estimates and assumptions of management. in light of its
experience, perception of historical trends, and results of the PFS. In particular, this news release
contains forward-looking information relating to: the estimated mineral resources and mineral
resources at the Clearwater Project; expectations regarding the PFS, including statements
regarding the results of the PFS and interpretations thereof; expectations concerning the
Clearwater Project, including extraction, production, pretreatment, purification, volume reduction
and conversion process and features; and the expected outcomes thereof; the expected economic
performance of the Clearwater Project, including capital costs, operating costs, water usage, land
use and carbon emissions; statements regarding the Company’s strategy for minimizing
environmental impact and liquid waste and maximizing water reuse, with no planned tailings or
waste piles; the potential for a secondary revenue stream should the Company be able to sell the
calcium carbonate generated during the production of lithium hydroxide; and plans and objectives
of management for the Company’s operations and the Clearwater Project. 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 achieved 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.
All forward-looking information (including FOFI, as defined below) 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
Suite 1520 – 300 5th Ave SW
Calgary, AB T2P 3C4
Tel: +1 (587) 324-2775
Email: [email protected]
Website: e3lithium.ca
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 reasonable 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
revenues; currency fluctuations; risks related to dependence on key personnel; estimates used in
financial statements proving to be incorrect; 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.