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E3 LITHIUM LTD - EEMMF STOCK NEWS

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E3 Lithium Ltd (EEMMF) is a leading lithium exploration and development company focused on sustainable and environmentally friendly lithium extraction. The company has been actively involved in identifying, acquiring, and exploring lithium projects in North America. With a strong emphasis on innovation and green technologies, E3 Lithium Ltd is dedicated to meeting the growing demand for lithium-ion batteries in various industries, including electric vehicles and energy storage systems.

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E3 Lithium (OTCQX: EEMMF) announced the filing of its Unaudited Condensed Consolidated Interim Financial Statements for the third quarter of 2024 and the accompanying Management's Discussion and Analysis (MD&A). The company, which focuses on Canadian lithium development, has made these documents available on SEDAR+ and its corporate website.

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E3 Lithium has secured a strategic brownfield site for its Clearwater Project's Central Processing Facility at the former Dyck Gravel Pit in Mountain View County, Alberta. The site will host the first commercial lithium facility in Western Canada, where brine will be collected and battery-grade lithium salts will be produced. The location offers key advantages including proximity to power infrastructure, highways, and rail lines. The facility aims to leverage Alberta's skilled workforce and will contribute to the North American battery supply chain. A phase 1 commercial environmental assessment revealed no material concerns, and the company has committed to site rehabilitation after operations conclude.

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E3 Lithium (OTCQX: EEMMF) has announced an upcoming quarterly webinar scheduled for November 13, 2024. The event will feature President and CEO Chris Doornbos delivering a corporate update, highlighting the company's achievements and outlining priorities for 2025. The 30-minute presentation will begin at 11:00 AM MT (1:00 PM ET, 10:00 AM PT) and will be followed by a Q&A session. The webinar will be hosted via Zoom platform, providing shareholders and interested parties an opportunity to engage directly with the company's leadership.

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E3 Lithium has outlined its Demonstration Facility Project objectives to produce battery-grade lithium carbonate in Alberta. The project, supported by a $5M CAD grant from Emissions Reduction Alberta, will be operational by mid-2025. The Demo Project includes six main systems: brine production, pre-DLE treatment, scaled-up DLE system, post-DLE treatment, carbonation equipment, and water recovery. The facility aims to replicate commercial system functionality at a smaller scale, testing the cohesiveness of each unit when operated simultaneously. Equipment manufacturing will begin in early 2024, with an expected 4-5 months delivery timeline.

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E3 Lithium (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF) has successfully completed all milestones of its Pilot Project funded by Natural Resources Canada's (NRCan) Critical Minerals Research, Development and Demonstration (CMRDD) program. The company received a total support of $3.5 million, with the final payment of $354,000 now received.

The funding supported E3 Lithium's field pilot operations and the advancement of Direct Lithium Extraction (DLE) technology to extract lithium from Leduc brines in Alberta, Canada. The company demonstrated high lithium recovery from brines with high flow rates. Data from the pilot project was incorporated into the recently released Pre-Feasibility Study (PFS), confirming the economic viability of the Clearwater Lithium Project in Alberta.

E3 Lithium is now advancing its strategic plan to construct a Demonstration Facility that will produce battery-grade lithium carbonate, laying the groundwork for a commercial lithium facility and positioning Western Canada as a key player in the global lithium market.

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E3 Lithium (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), a Canadian lithium leader, has successfully commissioned demo scale carbonate conversion reactors in its lab. This achievement enables the company to produce lithium carbonate using small-scale equipment that mimics commercial system conditions. The reactors will be used in a planned demonstration facility, with the lab work confirming operational parameters beforehand.

The company has expanded its Calgary-based lab to include advanced equipment for producing battery-grade lithium carbonate. Future work will focus on optimization and scaling up production efficiently. This development enhances E3 Lithium's capabilities from advancing Direct Lithium Extraction (DLE) to producing battery-grade lithium carbonate, supporting its goal of establishing a reliable lithium production facility in Alberta, Canada.

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E3 Lithium (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), a leading Canadian lithium company, has filed its Unaudited Condensed Consolidated Interim Financial Statements for the second quarter of 2024 along with the accompanying Management's Discussion and Analysis (MD&A). These documents are now available on the company's SEDAR+ profile at www.sedarplus.ca and will also be accessible on E3 Lithium's official website at www.e3lithium.ca. This filing represents a important step in the company's financial reporting and transparency efforts, providing investors and stakeholders with up-to-date information on E3 Lithium's financial performance and operational progress in the rapidly evolving lithium market.

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E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) has signed a Joint Development Agreement with Pure Lithium to advance the design of a lithium metal anode and battery pilot plant in Alberta. The companies will complete a Preliminary Economic Assessment of a commercial lithium metal battery facility, combining Pure Lithium's Brine to Battery™ technology with E3's lithium brines and concentrate production.

The agreement aims to eliminate the need for lithium salt production as an intermediary step, potentially simplifying the process. Over the next 12 months, they will develop a techno-economic model, continue joint scale-up efforts, and design a pilot facility near Calgary. The pilot is designed to produce 200kg of lithium metal anodes for use in lithium metal vanadium rechargeable batteries.

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E3 Lithium (TSXV: ETL, OTCQX: EEMMF) has secured a $5 million investment from the Alberta Government through the Emissions Reduction Alberta TIER fund for its integrated Lithium Brine Demonstration Facility. The six-month project near Olds, Alberta, aims to purify, concentrate, and convert brine into battery-grade lithium carbonate. This Demo Project will integrate components into a reduced-scale commercial system, providing important data for designing a full-scale facility.

The investment supports E3 Lithium's goal of producing lithium from local brines, positioning Alberta as a potential leader in lithium production. The project is expected to mitigate risks, gather data on reservoir performance, and establish production forecasts, making E3 Lithium the first company to lead such a demonstration in Alberta and Canada.

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E3 Lithium (TSXV: ETL, OTCQX: EEMMF) has announced plans to construct a fully integrated Lithium Brine Demonstration Facility in Alberta, Canada. This Demo Project aims to produce battery-grade lithium carbonate from brines in the Leduc reservoir, advancing the company's goal of developing a commercial lithium facility. The project builds upon E3's successful Direct Lithium Extraction (DLE) pilot program conducted in 2023, which validated the economic feasibility of lithium projects in Alberta.

The Demo Project will scale up the DLE system and incorporate purification, concentration, and chemical conversion processes to continuously produce lithium carbonate. It will provide real-time data for commercial system design and samples for potential strategic partners. This facility is expected to be unique in Canada and serve as an economic driver for Alberta's battery supply chain.

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FAQ

What is the current stock price of E3 LITHIUM (EEMMF)?

The current stock price of E3 LITHIUM (EEMMF) is $0.6554 as of December 20, 2024.

What is the market cap of E3 LITHIUM (EEMMF)?

The market cap of E3 LITHIUM (EEMMF) is approximately 53.4M.

What is E3 Lithium Ltd known for?

E3 Lithium Ltd is known for its focus on sustainable lithium extraction and its involvement in identifying and exploring lithium projects in North America.

Which industries benefit from E3 Lithium Ltd's products?

E3 Lithium Ltd's products cater to industries such as electric vehicles and energy storage systems that heavily rely on lithium-ion batteries.

What sets E3 Lithium Ltd apart from its competitors?

E3 Lithium Ltd stands out due to its strong emphasis on innovation, green technologies, and commitment to environmentally friendly practices in lithium extraction.

What is the geographical focus of E3 Lithium Ltd's operations?

E3 Lithium Ltd primarily focuses on lithium projects in North America, where it aims to leverage the region's rich lithium resources.

How does E3 Lithium Ltd contribute to the transition to sustainable energy?

E3 Lithium Ltd plays a vital role in the transition to sustainable energy by providing essential lithium-ion battery solutions for electric vehicles and energy storage systems.

What is E3 Lithium Ltd's vision for the future?

E3 Lithium Ltd envisions being at the forefront of the lithium industry, driving innovation, and contributing to a more sustainable and greener future.

Does E3 Lithium Ltd have any notable partnerships?

E3 Lithium Ltd has established partnerships with key industry players, research institutions, and technology providers to enhance its capabilities and drive growth.

How does E3 Lithium Ltd ensure environmental responsibility in its operations?

E3 Lithium Ltd ensures environmental responsibility by adopting sustainable practices, minimizing environmental impact, and complying with regulatory standards.

What are the recent achievements of E3 Lithium Ltd?

E3 Lithium Ltd has recently achieved significant milestones in its exploration and development projects, showcasing its commitment to advancing the lithium industry.

How can investors benefit from E3 Lithium Ltd's growth potential?

Investors can benefit from E3 Lithium Ltd's growth potential by capitalizing on the increasing demand for lithium-ion batteries and the company's strategic position in the market.

E3 LITHIUM LTD

OTC:EEMMF

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53.41M
62.81M
2.92%
0.16%
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