E3 Lithium Ltd. is pleased to announce that construction of its Direct Lithium Extraction field pilot plant is progressing according to schedule. This press release features multimedia. E3 Lithium's Field Pilot Plant Site as of July, 2023 E3 Lithium began receiving equipment, including tanks for brine containment, pipe racks and supporting structural equipment, to site in June and construction has been taking place [...]
E3 Lithium Ltd. announced it has selected Fluor as its prime Engineering, Procurement and Construction company to lead its Pre-Feasibility Study for the Clearwater commercial project. Fluor will provide overall PFS project management, design and oversight, and will be coordinating with several other firms hired by E3 Lithium that will provide specialty engineering services including for the reservoir and well design [...]
E3 Lithium Ltd. is pleased to announce it received a progress payment of $375,000 from Alberta Innovates and has claimed a total of $7.0M from all reimbursable and non-reimbursable grants to-date. Alberta Innovates On April 6, 2021, the Company was awarded a $1.8 million non-repayable grant to assist in the scale-up and development of its Direct Lithium Extraction technology and field pilot plant. Inclusive of the [...]
E3 Lithium Ltd. outlined the Key Performance Indicators for its Direct Lithium Extraction field pilot plant, which remains on track to commence operations in Q3 2023. E3 Lithium's field pilot plant will be located east of Olds, Alberta, at the first well completed during its 2022 inaugural drill program. That program, which included sampling from three wells, confirmed reservoir characteristics and average lithium [...]
E3 Lithium Ltd. announced that it has closed the "bought deal" public offering as previously announced on May 30, 2023, for gross proceeds of C$5,623,837, including partial exercise of the overallotment option for proceeds of C$623,837. Details of the Offering The Offering was led by Red Cloud Securities Inc. and included Eight Capital , with institutional participation accounting for the majority of the Offering. There [...]
E3 Lithium Ltd. announced that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase for resale 2,222,222 common shares of the Company at a price of C$2.25 per Offered Share on a "bought deal" basis for gross proceeds of C$5,000,000 . The Company has granted to the [...]
E3 Lithium Ltd. filed its Condensed Consolidated Interim Financial Statements for the first quarter of 2023 and the accompanying Management's Discussion and Analysis on its SEDAR profile at www.sedar.com. The financial statements and MD&A will also be available on E3 Lithium's website at www.e3lithium.ca. Q1 2023 Highlights First quarter 2023 set E3 Lithium firmly on the path and direction outlined in its 2023 guidance [...]
E3 Lithium Ltd. is pleased to provide a progress update on its field pilot plant. Since receiving the approval of its Facility Licence on April 11, 2023, E3 has been advancing preparation activities to ensure the site is ready for pilot operations. On-site work is focused on the installation and operation of the downhole equipment in preparation for brine production for the pilot. E3 will also conduct a pre-pilot [...]
E3 Lithium Ltd. confirms the filing of its Annual Information Form for the year ended December 31, 2022 on the System for Electronic Analysis and retrieval. An electronic copy of the AIF may be obtained on the Company's website or on the Company's SEDAR profile. Additionally, the Company has granted incentive stock options to purchase a total of 225,000 common shares to Kevin Carroll, Chief Development Officer of the [...]
E3 Lithium Ltd. filed its Consolidated Financial Statements and Management Discussion and Analysis for the full year 2022. "Last year was a foundation-building year for E3 Lithium. The goals we set out and accomplished are expected to continue the positive momentum to unlock material shareholder value in 2023 and beyond," said Chris Doornbos, President and CEO of E3 Lithium. "We are confident in our focused strategy [...]
E3 Lithium Ltd. announced that Kevin Carroll has joined the Company as the Chief Development Officer and will be responsible for the technical, process and project management aspects for E3 as the Company continues developing the commercial lithium facility in Alberta. Kevin is a professional engineer with more than 30 years of operations and engineering experience in Alberta. He co-founded Huron Resources in 2013 [...]
E3 Lithium Ltd. is pleased to announce it has received approval on its Facility Application from the Alberta Energy Regulator for its 2023 field pilot plant. The license granted by the AER allows E3 to construct and operate the necessary equipment to run the direct lithium extraction pilot, planned to begin operations in Q3 2023. The pilot plant will be located at the first well E3 drilled in its 2022 inaugural drill [...]