E3 Metals Corp. News Announcement
DATE
April 10, 2018
TITLE
E3 Metals Corp. News
Announcement
HIGHLIGHTS
Vancouver, BC – April 10, 2018 – E3 METALS CORP. (TSXV: ETMC, FSE: OU7A, OTC:
EEMMF) (the “Company” or “E3 Metals”) is pleased to announce that, in partnership with Dr. D.
S. Alessi at the University of Alberta (the “Alessi Lab”), the Company has received a grant of
$100,000 from the National Science & Engineering Research Council (NSERC) under the
Collaborative Research & Development Grant program. The NSERC grant funding will also
provide the Alessi Lab an in-kind contribution of up to an additional $102,500. E3 Metals is
supporting the NSERC grant with a coincident contribution of $50,000, payable over the next 12-
months. The funding will continue to support the advancement of the Company’s promising
lithium concentration technology into 2019.
Advancement and Scale-up of Extraction Technology
The planned commercial lithium extraction process from E3 Metals’ Petro-Lithium deposit would
occur in two-stages:
1. Concentration: Reducing water volumes while increasing the resulting grade of lithium and
removing the majority of magnesium (Mg2+) and calcium (Ca2+) to produce a concentrate.
E3 Metals Receives Federal Government Grant
for Expanded Lithium Extraction Technology
Research with the University of Alberta
DIRECTORS
Chris Doornbos
Paul Reinhart
Mike O’Hara
Peeyush Varshney
CONTACT INFORMATION
205 – 227 10th St NW
Calgary, AB T2N 1V5
+1 (877) 319-7634
e3metalscorp.com
o An ongoing partnership between E3 Metals and the University
of Alberta has received an additional $100,000 Federal
Government development grant under the National Science &
Engineering Research Council’s Collaborative Research &
Development Grant program.
o The grant will support the ongoing testing and planned scale-up
of the partnership’s chemical lithium concentration technology
in 2018 & 2019
TSXV: ETMC
FSE: OU7A
OTC: EEMMF
2. Polishing and lithium salt production: Purifying the concentrate prior to creation of high
purity Lithium Hydroxide (LiOH) and/or Lithium Carbonate (Li2CO3.)
The Company’s near-term focus is to scale-up our promising chemical concentration technology
in partnership with some of Canada’s leading (public and private) research facilities. Additionally,
E3 Metals has arranged for testing of its brine using advanced lithium concentration methods under
development by other leading third-party technology providers.
In late 2018, the Company is planning to develop scaled-up concentration testing equipment that
could be coupled with proven commercially available polishing and production technology. The
Company would then construct a modular bench-scale prototype capable of producing small
quantities of high purity LiOH and/or Li2CO3 from E3 Metals’ brines. Once the process has proven
successful, the modular prototype will be transitioned into the field for testing. Low-cost field-
testing will be facilitated by available brine production at surface from E3 Metals’ partnerships
with multiple oil and gas operators. Field-testing of this prototype equipment is expected to
commence in early 2019.
About E3 Metals Corp.
E3 Metals is a Petro-Lithium development company in Alberta advancing unconventional lithium
brines. E3 Metals holds one of the world’s largest lithium resources at 2.83Mt1 LCE. The Company
offers a compelling competitive advantage having access to significant infrastructure from oil and
gas development in Alberta. This has provided E3 Metals with low finding cost for the definition
of its resource from sampling wells. This infrastructure may also provide wells and pipelines for
future commercialization of a lithium production operation. The Company’s immediate goal is to
prove a commercially viable chemical concentration process to unlock the value of its resource.
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.
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 technology 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.