E3 Lithium’s Clearwater Project Selected for the Canada Investment Summit Prospectus; Company Establishes Strategic Advisory Group E3’s Clearwater Project is part of Canada Investment Summit’s Prospectus aimed at attracting up to $1 trillion
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E3 Lithium’s Clearwater Project Selected for the Canada Investment
Summit Prospectus; Company Establishes Strategic Advisory Group
E3’s Clearwater Project is part of Canada Investment Summit’s Prospectus aimed at attracting up to $1 trillion
of total investment in Canada. The Company establishes experienced Strategic Advisory Group to support
Clearwater Project’s progress towards commercialization
CALGARY, ALBERTA, September 10, 2026 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF),
“E3”, “E3 Lithium” or the “Company,” a leader in Canadian lithium development, announces that its
Clearwater Project has been selected for inclusion in the Canada Investment Summit Prospectus (the
“Prospectus”), a curated portfolio of investment-ready Canadian projects presented to global institutional
investors, strategic partners and allied governments. Concurrently, the Company announces the formation
of its Strategic Advisory Group, with the appointment of industry leaders Chris Slubicki, Dr. Mike Dixon,
and Kyle Rousay.
“Inclusion in the Canada Investment Summit Prospectus recognizes that Clearwater is a project getting
ready to be built,” said Chris Doornbos, CEO & Chair of E3 Lithium. “The maturation of the technology and
engineering continues to demonstrate that the lithium resources in Alberta contain significant value, and
producing battery ready products on site supports Canada’s initiative to supply the global battery and
energy ecosystem. We are proud to represent Canada and Alberta’s lithium at this event. In line with E3’s
progression and maturation, our new advisory group will be instrumental in supporting our strategy
development and delivering on our goals.”
Clearwater Selected for the Canada Investment Summit Prospectus
The Canada Investment Summit (the “Summit”) is being hosted by Canadian Prime Minister, Mark Carney,
in partnership with Canada Pension Plan Investment Board and Public Sector Pension Investment Board in
Toronto, Ontario, on September 14 and 15, 2026. The Summit convenes international institutional capital,
strategic industry participants , and government partners to attract up to $1 trillion of investment into
Canada, including a shortlist of Canadian projects named in the Prospectus. Inclusion in the Prospectus is
by selection only and reflects the technical maturity , strategic value, and investment -readiness of the
selected projects. E3’s Clearwater Project’s inclusion reflects its combination of scale, technical maturity,
infrastructure access, and jurisdiction al advantages that few lithium projects possess simultaneously,
anywhere in the world.
Resource scale. The Clearwater Project sits within Alberta’s Bashaw District, where E3 has defined 16.2
million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated mineral resource1, one of the
largest lithium resource endowments in North America. The Company is progressing development of Stage
1 of the Project with a capacity of 12,000 tonnes per year of lithium carbonate with the resource and brine
volume to support significant increases in production.
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Engineered, not conceptual. E3’s Clearwater Project will produce battery ready products in Alberta,
without the need for additional refining. The F ront-End Engineering and Design (“FEED”) for the first of
many facilities is underway, building on E3’s Pre-Feasibility Study completed in 2024, which confirmed
Canada’s first proven and probable lithium brine reserve with an after-tax NPV (8%) of US$3.7 billion 1.
Operating the only lithium carbonate demonstration facility in Canada, E3 is currently proving the process
at increasing scale.
Infrastructure and jurisdiction. The Clearwater Project is transitioning a historic producing asset; it
leverages Alberta’s existing energy infrastru cture, including roads, power, wellbore data, and an
experienced workforce. Alberta provides a single, established regulator and a century of operating
precedent; a materially different risk profile than greenfield lithium development in most other
jurisdictions.
Advancing toward commercialization. The Company has made significant advancement in moving the
Project from a concept , to resource and reserves iden tification, building and operating a Demonstration
Facility, producing battery -grade lithium carbonate , submitting the Central Processing Facility permit
application, and advancing its Feasibility Study as it progresses toward Final Investment Decision.
Formation of E3’s Strategic Advisory Group
E3 has established a Strategic Advisory Group (the “Advisors”), comprised of Chris Slubicki, Dr. Mike Dixon,
and Kyle Rousay. The Advisors will support the CEO and the executive team, providing counsel on capital
allocation, project financing, strategic partnerships and offtake, transaction execution, process design
decisions, readiness for construction, and technology scale-up. These additions continue a deliberate build-
out of senior capability ahead of commercialization , including Brian Newmarch’s appointment as Chief
Financial Officer in mid-2025 and Tom Gear’s appointment as Chief Operating Officer in mid-2026.
Chris Slubicki is a founder and former President, CEO and Director of Modern Resources Inc., a Calgary -
based producer he grew to 20,000 barrels of oil equivalent per day and which was recognized as an ESG
leader and low -cost performer before its sale to Tourmaline Oil Co rp. in 2020. He previously served as
President and CEO of OPTI Canada Inc., where he and his team stabilized a financially and technically
distressed oil sands producer and delivered its US$2.1 billion sale to CNOOC in 2011. Chris was one of four
founders of Waterous & Co., the global oil and gas M&A firm sold to Bank of Nova Scotia in 2005 and later
served as Vice -Chairman of Scotia Waterous. He holds a B.Sc. in Mechanical Engineering from Q ueen’s
University and an MBA from the University of Calgary and is registered as a professional engineer with
APEGA.
Dr. Mike Dixon is an entrepreneur and technologist with a track record of building and exiting process
technology companies. He founded and led Synauta, a cleantech company applying data science and
machine learning to desalination, through its acquisition by Gradiant fo ur years after incorporation, and
was a key contributor to the rapid global expansion of NanoH2O, acquired by LG Chem in 2014. He served
as Chief Technology Officer of WaterNEXT, playing a key role in the company’s formation and program
development, and has advised more than a dozen companies, including the MIT spinout Sandymount,
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acquired by Alfa Laval. Mike has authored over 80 publications, chaired the 2022 World Congress of the
International Desalination and Reuse Association, and previously served as an advisor to E3 Lithium.
Kyle Rousay is Founder and Principal of Cedar & Stone Advisory, where he advises founders, boards and
executive teams on strategy, growth, governance and corporate transactions, drawing on more than 20
years of leadership across mining, energy and technology. Previously, a t Rio Tinto , he served as General
Counsel for the Copper business and subsequently as General Counsel, Corporate, helping shape the
company’s global copper growth strategy and guide major investments, project financing, M&A, project
development and production ramp-up, including Arcadium Lithium in 2025. Kyle previously held senior roles
with Schlumberger across North America, the Middle East and Asia, and began his career at Bennett Jones
LLP in Calgary. Kyle holds a Bachelor of Commerce from the University of Calgary and a Juris Doctor from
the University of Saskatchewan.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, CEO & Chair
E3 Lithium Ltd.
E3 Lithium - Investor Relations
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E3 Lithium - Media Inquiries
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About E3 Lithium
E3 Lithium is a development company with a total of 21.2 million tonnes (Mt) of lithium carbonate
equivalent (LCE) Measured and Indicated mineral resources as well as 0.3 Mt LCE Inferred mineral
resources in Alberta, comprised of (a) Measured and Indicated mineral resources of 16.2 Mt LCE at a lithium
grade of 75.5 mg/L within its Clearwater Project1 and (b) Measured and Indicated mineral resources of 5.0
Mt LCE at a lithium grade of 54.0 mg/L and Inferred mineral resources of 0.3 Mt LCE at a lithium grade of
42 mg/L within its Garrington District2. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven
and probable mineral reserve at a lithium grade of 75.5 mg/L, with a pre -tax NPV(8%) of USD 5.2 Billion
with a 29.2% IRR and an after-tax NPV(8%) of USD 3.7 Billion with a 24.6% IRR1.
1: The technical report titled “Clearwater Project, NI 43 -101 Technical Report on Pre -Feasibility Study,
Bashaw District Mineral Property, Central Alberta, Canada”, with an effective date of June 20, 2024, is
available on the E3 Lithium’s website (www.e3l ithium.ca/technical-reports/) and under E3 Lithium’s
profile on SEDAR+ (www.sedarplus.ca).
2: The technical report titled “NI 43 -101 Technical Report for the Garrington District Lithium Resource
Estimate”, with effective date of June 25, 2025, is available on the E3 Lithium’s website
(www.e3lithium.ca/technical-reports/) and under E3 Lithium’s profile on SEDAR+ (www.sedarplus.ca).
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Unless otherwise indicated, Chris Doornbos, P. Geo., Chief Executive Officer and a Qualified Person under
National Instrument 43-101, has reviewed and approved the technical information contained on this news
release.
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
opinions, 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 forward-looking information relating to: the anticipated benefits to
E3 arising from the Clearwater Project's inclusion in the Canada Investment Summit Prospectus, including
potential exposure to global institution al investors, strategic partners and allied governments, and any
investment, partnership or funding outcomes that may result; the timing, conduct and outcomes of the
Canada Investment Summit, including the stated objective of attracting up to $1 trillion of total investment
into Canada; E3's plans to advance the Clearwater Project toward construction, commercial operations and
a Final Investment Decision ("FID"); the advancement and completion of the Front -End Engineering and
Design ("FEED") program and the Clearwater Project Feasibility Study; the anticipated Stage 1 production
capacity of 12,000 tonnes per year of lithium carbonate and the expectation that the resource and brine
volume will support significant increases in production; the expectation that the Clearwater Project will
produce battery ready products in Alberta without the need for additional refining; the anticipated
performance, scale-up and commercial viability of E3's extraction and processing technology, including
results at the Company's Demonstration Facility; the receipt and timing of regulatory approvals and
permits, including in respect of the Central Processing Facility permit application; the estimates of mineral
resources and mineral reserves at the Clearwater Project and Garrington District and the assumptions
underlying them; the results of the Pre- Feasibility Study ("PFS"), including estimated NPV, IRR and other
future-oriented financial information; the anticipated contributions of the Strategic Advisory Group and
the continued involvement of its members; E3's plans to progress commercial relationships toward formal
offtake contracts and to embark on project financing, and the availability of such financing on commercially
reasonable terms; the expected advantages of Alberta's exi sting infrastructure, workforce, regulatory
framework and operating history; and the continued advancement of the Clearwater Project throughout
2026 and beyond.
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 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
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described in more detail in our recent securities filings available under the Company’s profile on SEDAR+
(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.