E3 Lithium to Host Detailed Webinar on Pre-Feasibility Study

Rhea-AI Summary

E3 Lithium (OTCQX: EEMMF), a prominent name in Canadian lithium production, is set to host a webinar on July 10, 2024, to discuss its recently released Pre-Feasibility Study (PFS). The event will feature a presentation by President and CEO Chris Doornbos, followed by a Q&A session. The webinar will begin at 11:00am MT (1:00pm ET, 10:00am PT) and last for approximately 20 minutes, excluding the Q&A. This online session aims to provide investors and other stakeholders with detailed insights into the PFS findings, enhancing transparency and engagement.

CALGARY, Alberta--(BUSINESS WIRE)-- E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is pleased to invite investors and other interested stakeholders to a webinar on Wednesday, July 10. Chris Doornbos, President and CEO will present the details of our recently released Pre-Feasibility Study (“PFS”). The presentation will be followed by a Q&A session.

Details of the webinar:

Date: Wednesday July 10, 2024
Time: 11:00am MT (1:00pm ET, 10:00am PT)
Duration: 20 minute presentation followed by Q&A session
Log in details: Zoom

To read the full Pre-Feasibility Study press release click here.

ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President & CEO
E3 Lithium Ltd.

About E3 Lithium

E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated¹ as well as 0.9 million tonnes LCE Inferred mineral resources² in Alberta and 2.5 million tonnes LCE Inferred mineral resources³ in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR¹. E3 Lithium’s goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world.

1: The Clearwater Pre-Feasibility Study news release dated June 26, 2024 is available on the E3 Lithium’s website (e3lithium.ca/newsroom/news-releases/) and SEDAR+ (www.sedarplus.ca).

2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).

3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).

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 Canadian securities laws. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “project”, “potential” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations, estimates and assumptions of management. in light of its experience, perception of historical trends, and results of the PFS. In particular, this news release contains forward-looking information relating to: the estimated mineral resources and mineral resources at the Clearwater Project; expectations regarding the PFS, including statements regarding the results of the PFS and interpretations thereof; expectations concerning the Clearwater Project, including extraction, production, pretreatment, purification, volume reduction and conversion process and features; and the expected outcomes thereof; the expected economic performance of the Clearwater Project, including capital costs, operating costs, water usage, land use and carbon emissions; statements regarding the Company’s strategy for minimizing environmental impact and liquid waste and maximizing water reuse, with no planned tailings or waste piles; the potential for a secondary revenue stream should the Company be able to sell the calcium carbonate generated during the production of lithium hydroxide; and plans and objectives of management for the Company’s operations and the Clearwater Project. In preparing the forward-looking information in this news release, the Company has applied several material assumptions, including, but not limited to, that any additional financing needed will be available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent with the Company’s expectations; that the current exploration, development, environmental and other objectives concerning the Clearwater Project can be achieved and that its other corporate activities will proceed as expected; that the current price and demand for lithium will be sustained or will improve; that general business and economic conditions will not change in a materially adverse manner and that all necessary governmental approvals for the planned activities on the Clearwater Project will be obtained in a timely manner and on acceptable terms; the continuity of the price of lithium.

All forward-looking information (including FOFI, as defined below) 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 reasonable 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 described in more detail in our recent securities filings available at 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240709402572/en/

E3 Lithium - Investor and Media Relations

Alexis de la Renaudiere

Investor Relations

investor@e3lithium.ca

587-324-2775

Source: E3 Lithium Ltd.

FAQ

When is the E3 Lithium webinar on the Pre-Feasibility Study?

The E3 Lithium webinar on the Pre-Feasibility Study is scheduled for Wednesday, July 10, 2024.

What time does the E3 Lithium (EEMMF) webinar start?

The E3 Lithium (EEMMF) webinar starts at 11:00am MT (1:00pm ET, 10:00am PT) on July 10, 2024.

What is the focus of the E3 Lithium webinar?

The focus of the E3 Lithium webinar is to present the details of the recently released Pre-Feasibility Study (PFS), followed by a Q&A session.

Who will be presenting at the E3 Lithium (EEMMF) webinar?

Chris Doornbos, the President and CEO of E3 Lithium, will be presenting at the webinar.

How long will the E3 Lithium webinar last?

The E3 Lithium webinar will have a 20-minute presentation followed by a Q&A session.

How can I attend the E3 Lithium (EEMMF) webinar?

You can attend the E3 Lithium (EEMMF) webinar by logging into Zoom on July 10, 2024, at the scheduled time.

What is the stock symbol for E3 Lithium?

The stock symbol for E3 Lithium is EEMMF.