Latest news with #ChrisDoornbos
Yahoo
11-07-2025
- Business
- Yahoo
E3 Lithium receives key equipment for Clearwater demonstration facility
E3 Lithium has announced the arrival of key equipment at the Clearwater project in Alberta, Canada, in a significant milestone in the development of the company's demonstration facility. Essential for the 30-column direct lithium extraction (DLE) system, the equipment will support two phases of the planned testing. The equipment comprises five separate skids, designed to operate fully automated when tied together. Over the coming weeks, the assembly and testing of the equipment will take place on-site to ensure its integrity post-transport. The commissioning process will include leak testing and electrical inspections before initiating the processing of raw brine. The demonstration facility is scheduled to commence operations in three phases, starting in the latter half of 2025 and continuing into 2026. Phase one of the demonstration programme will culminate in the production of lithium carbonate, utilising surface-available brine. E3 Lithium president and CEO Chris Doornbos stated: 'The arrival of the equipment officially kicks off our demonstration programme and is a key milestone towards commercial lithium production. 'With only a few systems of this kind operating, we appreciate each of our vendors and engineering firms for their ongoing support. The E3 Lithium team is excited to get the equipment operating and we look forward to providing additional updates on the demonstration facility as we progress towards commissioning Phase 1.' Each stage of the demonstration facility is a key milestone in validating the process technology and E3 Lithium's capacity to produce battery-grade lithium carbonate at scale. E3 Lithium has secured a financial boost from the Canadian government's Critical Minerals Infrastructure Fund (CMIF). The fund has provided C$4.4m ($3m) in non-repayable support for pre-construction activities at the Clearwater project: the development of energy infrastructure, transportation facilities and engagement initiatives that are integral to the project's demonstration facility and feasibility study. "E3 Lithium receives key equipment for Clearwater demonstration facility" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
10-07-2025
- Business
- National Post
E3 Lithium Announces Arrival of Equipment for the Demonstration Facility at the Clearwater Project Site
Article content CALGARY, Alberta — E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3', 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce the on-schedule arrival of equipment for the Demonstration Facility at the Clearwater Project site, including the 30-column Direct Lithium Extraction ('DLE') system and associated polishing and purification units. This equipment will be used for both Phase 1 and Phase 2 of the planned testing at the Demonstration Facility. Article content The equipment consists of five separate skids that will be tied together to operate fully automated. Over the next few weeks, all equipment will be assembled on-site and tested to ensure that no damage occurred during transport. The commissioning of the equipment will begin with leak testing and electrical inspections, and then raw brine will begin to be processed. Phase 1 of the demonstration program concludes with the completion of the commissioning using brine available on the surface and the production of lithium carbonate. Article content 'The arrival of the equipment officially kicks off our Demonstration Program and is a key milestone towards commercial lithium production,' said Chris Doornbos, President and CEO of E3 Lithium. 'With only a few systems of this kind operating, we appreciate each of our vendors and engineering firms for their ongoing support. The E3 Lithium team is excited to get the equipment operating and we look forward to providing additional updates on the Demonstration Facility as we progress towards commissioning Phase 1.' Article content Each phase of the Demonstration Facility is an important step towards validating the process technology and E3 Lithium's ability to produce battery-grade lithium carbonate at scale as we advance one of Canada's first lithium-from-brine developments. Article content For more details on the DLE system equipment and the planned phases of the Demonstration Facility, please see the June 2, 2025, Press Release. Article content Chris Doornbos, President & CEO E3 Lithium Ltd. Article content About E3 Lithium Article content E3 Lithium is a development company with a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta and 2.5 Mt LCE Inferred mineral resources 3 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% IRR 1. Article content 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate, effective June 25, 2025, identified 5.0 Mt LCE (measured and indicated) and 0.3 Mt LCE (inferred) and will be available on the E3 Lithium's website ( and SEDAR+ ( within 45 days of this news release. 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 ( and SEDAR+ ( Article content Unless otherwise indicated, Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under National Instrument 43-101, has reviewed and is responsible for the technical information contained on this news release. Article content Forward-Looking and Cautionary Statements Article content 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 securities laws. Forward-looking statements are frequently identified by such words as 'believe', 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'project', 'potential', 'possible' and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the PFS, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the expected timelines for the assembly, testing and commissioning of the demonstration equipment; production, pretreatment, purification, volume reduction and conversion process and features and the expected outcomes thereof; the Company's expectations regarding the production of lithium carbonate; plans and objectives of management for the Company's operations of the Demonstration Facility; and the inherent hazards associated with mineral exploration and mining operations. 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 Demonstration Facility can be achieved and that its other corporate activities will proceed as expected; 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 Demonstration Facility will be obtained in a timely manner and on acceptable terms. Article content All forward-looking information (including future-orientated financial 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, 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 under the Company's profile on SEDAR+ ( 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. Article content Article content Article content Article content Contacts Article content Article content Rob Knowles Article content Article content investor@ Article content Article content 587-324-2775 Article content Article content Kati Dolyniuk Article content Article content Article content Article content
Business Wire
10-07-2025
- Business
- Business Wire
E3 Lithium Announces Arrival of Equipment for the Demonstration Facility at the Clearwater Project Site
CALGARY, Alberta--(BUSINESS WIRE)--E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3', 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce the on-schedule arrival of equipment for the Demonstration Facility at the Clearwater Project site, including the 30-column Direct Lithium Extraction ("DLE") system and associated polishing and purification units. This equipment will be used for both Phase 1 and Phase 2 of the planned testing at the Demonstration Facility. The equipment consists of five separate skids that will be tied together to operate fully automated. Over the next few weeks, all equipment will be assembled on-site and tested to ensure that no damage occurred during transport. The commissioning of the equipment will begin with leak testing and electrical inspections, and then raw brine will begin to be processed. Phase 1 of the demonstration program concludes with the completion of the commissioning using brine available on the surface and the production of lithium carbonate. 'The arrival of the equipment officially kicks off our Demonstration Program and is a key milestone towards commercial lithium production,' said Chris Doornbos, President and CEO of E3 Lithium. 'With only a few systems of this kind operating, we appreciate each of our vendors and engineering firms for their ongoing support. The E3 Lithium team is excited to get the equipment operating and we look forward to providing additional updates on the Demonstration Facility as we progress towards commissioning Phase 1.' Each phase of the Demonstration Facility is an important step towards validating the process technology and E3 Lithium's ability to produce battery-grade lithium carbonate at scale as we advance one of Canada's first lithium-from-brine developments. For more details on the DLE system equipment and the planned phases of the Demonstration Facility, please see the June 2, 2025, Press Release. 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 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta and 2.5 Mt LCE Inferred mineral resources 3 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% IRR 1. Unless otherwise indicated, Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under National Instrument 43-101, has reviewed and is responsible for the technical information contained on this news release. 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 securities laws. Forward-looking statements are frequently identified by such words as 'believe', 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'project', 'potential', 'possible' and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the PFS, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the expected timelines for the assembly, testing and commissioning of the demonstration equipment; production, pretreatment, purification, volume reduction and conversion process and features and the expected outcomes thereof; the Company's expectations regarding the production of lithium carbonate; plans and objectives of management for the Company's operations of the Demonstration Facility; and the inherent hazards associated with mineral exploration and mining operations. 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 Demonstration Facility can be achieved and that its other corporate activities will proceed as expected; 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 Demonstration Facility will be obtained in a timely manner and on acceptable terms. All forward-looking information (including future-orientated financial 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, 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 under the Company's profile on SEDAR+ ( 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.
National Post
03-07-2025
- Business
- National Post
E3 Lithium Announces Results from Annual General and Special Meeting, Election of Board Chairperson, and Appoints New Chief Financial Officer
Article content CALGARY, Alberta — E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce that all items of business were approved at its Annual General and Special Meeting (the 'Meeting') of shareholders held on July 2, 2025, and that the Board of Directors ('the Directors' or the 'Board') has subsequently elected a Chairperson and appointed a new Chief Financial Officer. Article content Results of the Meeting Article content Article content At the Meeting, Shareholders voted in favour of the following, as described in the Company's Management Information Circular (the 'Circular') dated May 16, 2025: Article content As previously announced, John Pantazopoulos retired from the Board of Directors in order to pursue a career in public office. We wish him well in his future endeavours and would like to thank him once again for his many valuable contributions to E3 Lithium over the years. Article content Subsequent to the Meeting, the Directors elected by unanimous resolution Chris Doornbos as Chairperson of the Board. Mr. Doornbos has successfully led E3 Lithium through resource and technology development since 2017 and has been instrumental in developing critical external relationships with industry, government, and stakeholders. This appointment is in line with E3 Lithium's maturation, discussed more fulsomely below. In line with the high standards of corporate governance, the Directors will appoint a lead director at the next board meeting. Article content The Board also reconfirmed the Company's subcommittee's including Tina Craft as audit committee chair, Alexandra Cattelan as compensation and human resources committee chair, and Kevin Stashin as governance chair. Article content Message from the Incoming Chair of the Board Article content I am honoured to have been elected as the Chairperson for E3 Lithium. Several years ago, the Company put in place a plan to transition from a junior explorer and technology developer to a successful mineral producer. These transitions take time, and the Company aims to ensure we are well positioned for eventual construction and operations of a first-of-its-kind lithium processing facility. As part of this evolution, the Company has focused on building a leadership structure that reflects the critical skill sets and industry experience required to guide the next phase of growth and development. Article content Nearly two years ago, the Board of Directors was expanded to strengthen its governance and strategic capabilities, with the appointments of Alexandra Cattelan, Tina Craft, and the Hon. Sonya Savage. They joined Kevin Stashin, who had been appointed to the Board in 2021. Article content The transition plan is focussed on ensuring the right team is in place at an executive level to align with the growing demands of the business. Included with this is the plan to recruit a President to the Company who will be responsible for managing the internal day-to-day operations and functions of the Company. This includes the continual expansion of the design and construction team to deliver our commitment to build and operate a first-of-its-kind lithium facility in Alberta. This is a critical role for the Company that we will look to bring on board in the coming year. In the interim, I will continue to oversee these important responsibilities. Following the recruitment of a President, my responsibilities as Chairperson and CEO will focus more exclusively on external-facing initiatives that are critical to securing the required regulatory approvals and financing for the Clearwater Project and building the business around the technology and value-additive transactions. Article content As E3 Lithium continues to progress the development of the Clearwater Project, raising the required development and construction capital for a project of this scale is a critical role. To lead this effort, E3 Lithium is excited to welcome Brian Newmarch as its new chief financial officer. Brian is a seasoned industry professional with a successful background in raising and managing large capital projects in Alberta and globally. With over 20 years of experience in finance, energy, and midstream infrastructure, Brian has held senior leadership roles across the North American energy sector. He has served as the Chief Financial Officer at both Tidewater Midstream and Infrastructure and, most recently, Denver-based Humble Midstream LLC, following executive positions at Seven Generations Energy and ARC Resources. Throughout his career, Brian has led strategic debt and equity financings to support major infrastructure developments and operational growth across Western Canada. He also brings experience in go-public transactions, corporate mergers, and large-scale asset acquisitions and divestitures. Earlier in his career, Brian worked in commodity sales and trading at global financial institutions, including Credit Suisse and Citi, where he specialized in structured risk management and financing solutions. Brian holds the Chartered Financial Analyst designation and a Bachelor of Commerce degree from the Haskayne School of Business at the University of Calgary. Article content The Company has granted Newmarch 300,000 incentive stock options (the 'Options'), vesting 25% per year over four years at an exercise price based on the closing price on July 2, 2025, under its omnibus equity incentive plan (the 'Plan'). In addition, Newmarch was issued 40,000 Performance Share Units ('PSUs'), issued in line with the Company's performance goals outlined on March 7, 2025, and 20,000 Restricted Share Units ('RSUs') vesting 50% per year over the next two years. The grant of the Options and issuance of PSUs and RSUs are subject to the approval of the TSX Venture Exchange. Article content The Board and Management would like to thank Raymond Chow for his four years of service at E3 Lithium. Raymond was instrumental to the Company's success during his tenure. His dedication to the Company through our growth stage has been significant, and his contributions have added value across the organization. We wish him all the best in his future endeavours. Article content The Company has also initiated the recruiting process for a Vice President of Facility Design, considering both internal and external candidates. The key responsibilities will include leading the design team through the successful development, deployment, and construction of the first commercial facility and beyond. Article content E3 Lithium is at an exciting stage as the Company matures and moves closer to commercial operations. We are well prepared to execute on our vision of building a lithium industry in Alberta, supporting Canada's initiatives to be a leader in critical minerals, and ensuring the Company's ongoing success. This success is, at its core, the success of the team and the work they will accomplish over the coming years. We are very proud of the work we have completed to date and are confident in building a business poised for the future and ready to execute. I would like to thank our shareholders and stakeholders for their ongoing support of this vision. Article content ON BEHALF OF THE BOARD OF DIRECTORS Chris Doornbos, Chairperson & CEO E3 Lithium Ltd. Article content About E3 Lithium Ltd. Article content E3 Lithium is a development company with a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta and 2.5 Mt LCE Inferred mineral resources 3 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% IRR 1. Article content 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate, effective June 25, 2025, identified 5.0 Mt LCE (measured and indicated) and 0.3 Mt LCE (inferred) and will be available on the E3 Lithium's website ( and SEDAR+ ( within 45 days of this news release. 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 ( and SEDAR+ ( Article content Forward-Looking and Cautionary Statements Article content 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 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. Article content Article content Article content Article content Contacts Article content Article content Rob Knowles Article content Article content Investor Relations Article content Article content investor@ Article content Article content 587-324-2775 Article content Article content Kati Dolyniuk Article content Article content Article content Article content
Business Wire
25-06-2025
- Business
- Business Wire
E3 Lithium Outlines an Inaugural Measured and Indicated Mineral Resource Estimate of 5.0 Mt LCE for the Garrington District
BUSINESS WIRE)--E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to release an updated mineral resource report for its Garrington District in central Alberta. The NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate (the 'Garrington Report') outlines an updated Measured and Indicated mineral resource estimate of 5.0 million tonnes ('Mt') of lithium carbonate equivalent ('LCE'). Highlights: The Garrington District includes 273,449 hectares of land Measured and Indicated mineral resource estimate of 5.0 Mt LCE Inferred mineral resource estimate of 0.3 Mt LCE E3 Lithium's total Measured and Indicated mineral resources in Alberta is now 21.2 Mt LCE The Garrington District is located in south-central Alberta directly southwest of the city of Edmonton at the north end, and it extends southwest of Edmonton to the town of Sundre (Figure 1). Within the Garrington District, the Company's brine-hosted mineral rights cover approximately 155,236 hectares, leased from the crown, with the remaining area being unleased freehold mineral rights. The lithium concentrations on or near E3 Lithium's Land holdings range from 45 mg/L to 61 mg/L, with an average of 54mg/L. The property sits directly to the west of E3 Lithium's Bashaw District where the Company is currently developing its Clearwater Project. Similar to the Bashaw District, the Garrington District lithium brine deposit is hosted in the carbonate reef complex deposits of the Leduc Formation. 'Alberta's lithium resources stand out globally as some of the most significant in size, thanks to the scale of the brine aquifers in the province,' said Chris Doornbos, President and CEO of E3 Lithium. 'The resource update in the Garrington District highlights a separate region containing vast volumes of lithium-enriched brines to the west of our existing Bashaw District resources. E3 Lithium continues to focus our efforts on the development of the Clearwater Project and the additional Garrington resources expand our sizable inventory for long-term value creation.' The disclosure in this news release of scientific and technical information pertaining to the Garrington District has been reviewed and approved by Meghan Klein, Head of Reservoir Engineering, Americas of Sproule ERCE, and Alexey Romanov, PhD., Principal Geoscientist of Sproule ERCE. Both Ms. Klein, and Mr. Romanov are 'Qualified Person's' as defined under NI 43-101– Standards of Disclosure for Mineral Projects. The technical report will be available on the Company's website ( and SEDAR ( within 45 days of this announcement. Garrington District Brine Resource Estimate The Garrington Report follows from the NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, which included a small subsection of the area encompassed in the Garrington Report. The Garrington mineral resource estimate has been calculated across the Garrington Lithium District and was developed as outlined below. First, data compilation and review of existing reports within the Garrington Lithium District were conducted. Then, a reservoir depositional framework was developed based on core descriptions and lithofacies analysis. Thirdly, petrophysical modeling on geophysical wireline logs, validated against core analysis where possible, was performed. Finally, geological models were generated and leveraged for reservoir volume calculations. The updated mineral resource estimate for the Garrington District is summarized in the table below. The mineral resource estimate is categorized as Measured, Indicated, and Inferred depending on geological confidence. 1. The Intervals reported follow the following definitions: Measured - evidence is sufficient to confirm geological, and grade or quality continuity between points of observation; Indicated - evidence is sufficient to assume geological, and grade or quality continuity between points of observation and Inferred - evidence is sufficient to imply but not verify geological, grade or quality continuity. 2. Based on LCE tonnage. 3. Brine Resource estimates are inclusive of unleased freehold mineral rights. Expand The mineral resource estimate was completed by a multi-disciplinary team led by E3 Lithium and supervised by Meghan Klein and Alexey Romanov of Sproule ERCE, acting as Qualified Persons using volumetric analysis based on geological parameters of reservoir geometry, effective porosity, permeability, and dissolved lithium concentrations. The mineral resource estimate benefited from a considerable amount of data compiled by the oil and gas industry and made public by the Government of Alberta. Key data sets used to determine reservoir brine parameters in the resource area include core plug analyses (porosity and permeability), and wireline logs geological and petrophysical interpretation (stratigraphic tops, lithology, volume of shale, and porosity). To calculate the brine volume for each zone within the Leduc Formation, the brine volume was exported from the geological model, incorporating three district brine saturations. The brine volume is multiplied by the lithium grade to calculate the Original Lithium in Place (OLIP) in tonnes of elemental lithium and in tonnes of lithium carbonate equivalent. Resource categorization reflects the confidence in both the data sets and the interpretations. Measured resources exist within the conceptual development area and are restricted to volumes exceeding a 6% porosity cut-off within a single connected geobody volume with lithium grade measurements. Indicated resources exist across the Garrington District and are restricted to volumes exceeding a 2% porosity cut-off within a single connected geobody with lithium grade measurements. Inferred resources make up all geobody volumes above the 2% porosity cut-off. With the updated Garrington Resource Estimate, E3 Lithium's total Measured and Indicated lithium resources in Western Canada are now in excess of 21 Mt LCE with an additional 2.9 Mt of Inferred resources. Included in this number is approximately 1.13 Mt of Proven and Probable mineral reserves in the Bashaw District that provide the basis for the Clearwater Project currently under development and outlined in the Pre-Feasibility Study published in July 2024. 1. Brine Resources are reported using the 2014 CIM definition standards, and are inclusive of those Brine Resources converted to Brine Reserves. Brine Resource estimates are inclusive of unleased freehold mineral rights. Expand 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 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta and 2.5 Mt LCE Inferred mineral resources 3 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% IRR 1. 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate, effective June 25, 2025, identified 5.0 Mt LCE (measured and indicated) and 0.3 Mt LCE (inferred) and will be available on the E3 Lithium's website ( and SEDAR+ ( within 45 days of this news release. 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 ( and SEDAR+ ( Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained on this news release. 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 securities laws. Forward-looking statements are frequently identified by such words as 'believe', 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'project', 'potential', 'possible', 'could' and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the Garrington Report, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the mineral resource estimate at the Garrington District; timing of the availability and filing of the Garrington Report; the potential for future development and inventory expansion of the Clearwater Project and value creation; and the anticipated benefits of the foregoing. In preparing the forward-looking information in this news release, the Company has applied several material assumptions, including, but not limited to, the assumption that the Garrington Report will be delivered on the expected timeline and will not contain any material variations to the information contained in this news release; that activities relating to the Garrison District and the Company's other projects will not be adversely disrupted or impeded by regulatory, political, community, economic, environmental and/or healthy and safety risks; ; 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 Garrington District will be obtained in a timely manner and on acceptable terms; the continuity of the price of lithium; that the results of the mineral resource estimate will be delivered in a timely manner consistent with the Company's projected timelines; and that the results will be in line with management's expectations. All forward-looking information (including future-orientated financial 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, 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; risks related to the results of the testing program not being in delivered in a timely manner and/or not being in line with management's expectations; competitive risks and the availability of financing, as described in more detail in our recent securities filings available under the Company's profile on SEDAR+ at 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.
