CALGARY,
AB, Feb. 27, 2023 /CNW/ - E3 LITHIUM LTD.
(TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), Alberta's leading lithium developer and
extraction technology innovator, today announced that the Company
will be presenting at Red Cloud's Pre-PDAC 2023 Mining Showcase. We
invite our shareholders and all interested parties to join us.
The annual conference will take place in-person at the Sheraton
Centre Toronto Hotel from March 2-3,
2023.
Chris Doornbos, President &
CEO will be presenting on March 3rd
at 03:10 PM Eastern Standard
time.
For more information and/or to register for the conference
please visit: https://redcloudfs.com/prepdac2023/.
We look forward to seeing you there.
About E3 Lithium
E3 Lithium is a development company with total of 24.3 million
tonnes of lithium carbonate equivalent (LCE) inferred mineral
resources1 in Alberta. As outlined
in E3's Preliminary Economic Assessment, the Clearwater Lithium
Project has an NPV8% of USD 1.1
Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR
after-tax1. Through the successful scale up its DLE
technology towards commercialization, E3 Lithium's goal is to
produce high purity, battery grade lithium products. 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.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President &
CEO
E3 Lithium Ltd.
1: The Preliminary Economic Assessment (PEA) for the Clearwater
Lithium Project NI 43-101 technical report is effective
Sept 17, 2021. The mineral resource
NI 43-101 Technical Report for the North Rocky Property, effective
October 27, 2017, identified 0.9Mt
LCE (inferred). The mineral resource NI 43-101 Technical Report for
the Bashaw District Project, effective July
11, 2022, identified 23.4Mt LCE (inferred). All reports are
available on the E3 Lithium's website
(e3lithium.ca/technical-reports) and SEDAR (www.sedar.com).
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 Lithium