CALGARY, AB, March 17, 2022 /CNW/ - E3 METALS CORP. (TSXV:
ETMC) (FSE: OU7A) (OTCQX: EEMMF) (the "Company" or "E3 Metals"), an
emerging lithium developer and leading direct lithium extraction
("DLE") technology innovator, has continued to expand its team over
the past few months. The Company has added seven new key staff
since January, adding to the exceptional group of people who are
working hard every day to build E3 Metals into a global leader in
the lithium industry.
Taking on Liz Lappin's
responsibilities, the Company welcomes Leigh Clarke to the team as the Director of
Corporate Strategy and Sustainability. A lawyer by training, Leigh
joins E3 with more than 30 year's experience in a variety of
energy-related industries, including 13 years as a Senior VP at
Altalink, LP. As a seasoned executive, Leigh brings a wealth of
knowledge and strategic mindset, and is an ideal addition as the
Company moves to the next level.
The Company has also added six seasoned and intermediate
professionals to bolster various aspects of our business including
Kirsten – Senior Development Engineer, Natasha – Geologist and
Geochemist, Steven - Controller, Aneta – Investor
Communications Manager, Mathew – Engineering Commercialization Jr
Manager and Pritam – Jr. Laboratory Technician.
"E3 Metals has focussed on creating a team of experts to drive
the Company forward," commented Chris
Doornbos, E3 Metals CEO, "These new hires fill critical
roles at the Company, hired with the vision of the paradigm shift
the company is currently in the process of completing. These new
staff members join our already excellent team working on advancing
E3 Metals in all avenues. Welcome to the team!"
About E3 Metals Corp.
E3 Metals is a lithium
development Company with 7.0 million tonnes of lithium carbonate
equivalent (LCE) inferred mineral resources1 in
Alberta and an NPV8% on
its Clearwater Lithium Project 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 Metals' goal is to produce
high purity, battery grade, lithium products. With a significant
lithium resource and innovative technology solutions, E3 Metals has
the potential to deliver lithium to market from one of the best
jurisdictions in the world. For more information about E3 Metals,
visit http://www.e3metalscorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chris Doornbos, President &
CEO
E3 METALS CORP.
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1 The
Preliminary Economic Assessment (PEA) of the Clearwater Lithium
Project NI 43-101 technical report is effective Sept 17, 2012. E3
Metals has also released three NI 43-101 Technical Reports
providing a total resource of 7.0Mt LCE. The Clearwater Lithium
Project PEA resource estimate, identifying 2.2Mt LCE (inferred)
effective Sept 17, 2021; the North Rocky Resource Area (NRRA)
Technical Report effective October 27, 2017 identifying 0.9Mt LCE
(inferred); and the Exshaw West Resource Area (EWRA) identifying
3.9Mt LCE (inferred) dated Sept 17, 2021. All reports are available
on the Company's website (e3metalscorp.com/technical-reports) and
SEDAR (www.sedar.com)
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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 Metals Corp.