E3 Metals appoints Greg Florence (CPA, CMA) as Chief Financial Officer and Corporate Secretary
E3 Metals appoints Greg Florence (CPA, CMA) as Chief Financial Officer and
Corporate Secretary
CALGARY, June 4, 2018 /CNW/ - E3 METALS CORP. (TSXV: ETMC, FSE: OU7A, OTC: EEMMF) (the
"Company" or "E3 Metals") an emerging petro-lithium developer is pleased to announce the appointment
of Greg Florence, CPA, CMA as Chief Financial Officer and Corporate Secretary. The appointment of an
experienced CFO, with significant project development and operating experience in Alberta, reflects the
Company's commitment to advancing its Alberta petro-lithium project.
Greg has over thirty-seven years of business experience in various sectors including upstream oil and
gas, green technologies, industrial supplies, and agribusiness. In addition to 12+ years as a CFO, Greg
has held a number of senior management positions including Corporate Secretary, Director Investments
and Vice President Marketing and Corporate Development. His expertise includes finance and
accounting, budgeting and forecasting, regulatory compliance, corporate finance, port folio investment and
management and corporate governance. Greg has served as a director of various public and private
companies, and not-for-profits. He is a member of the Chartered Professional Accountants of Alberta.
The Company would like to thank Debbie Lew, E3 Metals' outgoing CFO and Corporate Secretary, for her
outstanding contributions to the Company's success and growth over the past year.
Chris Doornbos, E3 Metals' CEO, commented "We are delighted to welcome Greg to E3 Metals. Greg
brings with him significant industry experience and an excellent track record of leading finance functions
in the resource and technology sectors. As we focus on our development strategy, Greg's appointment
reinforces our commitment to advance towards commercial production in 2021. Together with the Board
and the wider management team, I am very much looking forward to working with Greg. I would like to
thank Debbie for all of her hard work and dedication to E3 Metals over the past year, including her help in
ensuring a smooth transition for Greg. We wish her the best in her future endeavours."
About E3 Metals Corp.
E3 Metals is a Petro-Lithium company rapidly advancing the development of direct recovery lithium brine
projects in Alberta. E3 Metals holds lithium resources at 6.7 Mt LCE (inferred)1. The Company has a
compelling competitive advantage by virtue of having access to extensive infrastructure built by the Oil
and Gas industry in Alberta. This has provided E3 Metals with extremely low finding costs, as the
Company has been able to sample existing wells to define its resource. This infrastructure may also
provide wells and pipelines for a future lithium production operation, potentially reducing the future
underlying capital requirements significantly. The Company's immediate goal is to demo nstrate a
commercially viable chemical concentration process and believes this is a key driver to commercial
production of its Alberta lithium brine resources. More information about E3 Metals can be found on our
website by visiting: www.e3metalscorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chris Doornbos, President & CEO
E3 METALS CORP.
Chris Doornbos (P.Geo), President, CEO and a Director of E3 Metals Corp. is a Qualified Person as
defined by National Instrument 43-101 and has read and approved the technical information contained in
this news release.
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.
1 E3 Metals has released information on three 43-101 Technical Reports totalling resource of 6.7 Mt
LCE. The Central Clearwater Resource Area (CCRA) Technical Report, identifying 1.9Mt LCE (inf erred),
is dated effective October 27, 2017, and the North Rocky Resource Area (NRRA) Technical Report was
dated effective October 27, 2017, identifies 0.9Mt LCE (inferred). Both reports are available on SEDAR
(www.sedar.com). A third report for the Exshaw West Resource Area (EWRA), identifies 3.9Mt LCE
(inferred) and will be released within the next 3 weeks.
This news release includes certain forward-looking statements concerning domestic and global demand
for lithium, lithium use by the automotive industry, lithium ion battery use by the consumer electronics
industry, lithium ion battery use by municipalities, lithium use by the battery industry and demand for
lithium in high-efficiency batteries, the exploration and development activities proposed to be undertaken
by the Company, the future performance of our business, its operations and its financial performance and
condition, 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, new t echnology
or mineral extraction processes, competitive risks and the availability of financing, as described in more
detail in our recent 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.
SOURCE E3 Metals Corp.
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%SEDAR: 00011471E
For further information: #205-227 10th St NW, Calgary, AB, T2N 1V5, +1 (877) 319-7634,
[email protected], e3metalscorp.com
CO: E3 Metals Corp.
CNW 15:00e 04-JUN-18