ETL.V · 2021-09-20 12:00:00

E3 Metals Applies to Trade on the OTCQX Market

Listings & Exchange

E3 Metals Applies to Trade on the OTCQX

Market

CALGARY, AB

Sept. 20, 2021

/CNW/ - E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTC:

EEMMF) (the "Company" or "E3 Metals"), an emerging lithium developer and leading direct lithium

extraction ("DLE") technology innovator, is pleased to announce that it has filed its application to the

OTCQX

Best Market ("OTCQX") and anticipates to start trading in the coming weeks. The

Company believes that a successful OTCQX listing will provide additional liquidity and accessibility

into the US markets that may further enhance shareholder value.

E3 Metals has already been approved for DTC eligibility, a requirement for the OTCQX listing, which

enables electronic settlement and transfer of its common shares in the U.S. E3 Metals will continue

to trade on the Toronto Stock Exchange – Venture ("TSX.V") under its existing symbol "ETMC".

The OTCQX

Best Market is for established, investor-focused U.S. and international companies. To

qualify for the OTCQX market, companies must meet high financial standards, follow best practice

corporate governance, demonstrate compliance with U.S. securities laws, be current in their

disclosure, and have a professional third-party sponsor introduction. The companies found on

OTCQX are distinguished by the integrity of their operations and diligence with which they convey

their qualifications.

"We are very pleased to start the process of joining the OTCQX as a part of our strategy towards

additional exposure and growth", stated

Chris Doornbos

, President & CEO. "We feel this will

increase E3 Metals' profile with a broader range of institutional and retail investors in the U.S and we

look forward to communicating our progress as we advance our Clearwater Lithium Project."

The listing of the Company's common shares on the OTCQX remains subject to the approval of the

OTCQX and the satisfaction of applicable listing requirements.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX

Best Market, the OTCQB

Venture Market and the Pink

Open Market for 11,000 U.S. and global securities. Through OTC

Link

ATS and OTC Link ECN, PTC Market Group Inc. connects a diverse network of broker

dealers that provide liquidity and execution services. The company enables investors to easily trade

through the broker of their choice and empower companies to improve the quality of information

available for investors. To learn more about how OTC Markets Group Inc. creates better informed

and more efficient markets, visit

www.otcmarkets.com

About E3 Metals Corp.

E3 Metals is a lithium development Company with 7.0 million tonnes of lithium carbonate equivalent

(LCE) inferred mineral resources

Alberta

and an NPV

on its Clearwater Lithium Project of

USD

1.1 Billion

with a 32% IRR pre-tax and

USD 820 Million

with a 27% IRR after-tax

. Through the

successful scale up its DLE technology towards commercialization, E3 Metals' goal is to produce

high purity, battery grade, lithium products. With a significant lithium resource and innovative

technology solutions, E3 Metals has the potential to deliver lithium to market from one of the best

jurisdictions in the world.

The Preliminary Economic Assessment (PEA) of the Clearwater Lithium Project NI 43-101 technical report is effective Sept 17, 2012. E3 Metals has also released three NI 43-

101 Technical Reports providing a total resource of 7.0Mt LCE. The Clearwater Lithium Project PEA resource estimate, identifying 2.2Mt LCE (inferred) effective Sept 17, 2021;

the North Rocky Resource Area (NRRA) Technical Report effective October 27, 2017 identifying 0.9Mt LCE (inferred); and the Exshaw West Resource Area (EWRA)

identifying 3.9Mt LCE (inferred) dated Sept 17, 2021. All reports are available on the Company's website (

e3metalscorp.com/technical-reports

) and SEDAR (www.sedar.com)

For more information about E3 Metals, visit

http://www.e3metalscorp.com

ON BEHALF OF THE BOARD OF DIRECTORS,

Chris Doornbos

, President & CEO

E3 METALS CORP.

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 Metals Corp.

View original content:

http://www.newswire.ca/en/releases/archive/September2021/20/c2273.html

%SEDAR: 00011471E

For further information:

Chris Doornbos, Phone: (587) 324-2775, [email protected]

CO: e3 Metals Corp.

CNW 03:15e 20-SEP-21

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