E3 Metals Corp. is pleased to announce it has entered into an agreement with Echelon Wealth Partners Inc. and Canaccord Genuity Corp. as co-leads and joint bookrunners, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 4,400,000 units of the Company at a price of $1.185 per Unit, for total gross proceeds of $5,214,000. Each Unit will consist of one common share in the [...]
E3 Metals Corp. is pleased to announce the appointment of John Pantazopoulos, CFA, ICD.D, as Chief Financial Officer. John will replace Greg Florence, who resigned as CFO to pursue another opportunity. The Company would like to thank Greg Florence for his outstanding contributions to the Company over the past 18 months. The appointment of John to the position of CFO reflects the Company's continual growth moving forward [...]
E3 Metals Corp. today announced it has now filed a Preliminary Economic Assessment Report, further to its news release dated November 16, 2020. The report is available on www.sedar.com. The PEA Report, entitled "Preliminary Economic Assessment – Clearwater Lithium Project" was prepared by independent contractors: NORAM Engineering, Scovan Engineering, Fluid Domains and GLJ. E3 Metals wishes to thank its contractors for [...]
E3 Metals Corp. today announced that it has closed its brokered private placement led by Canaccord Genuity Corp. The placement was fully subscribed for a total of $5,000,000.05, representing 5,882,353 units in the Company under the terms of the placement announced on December 2, 2020. The proceeds will assist E3 Metals in completing the DLE technology development. This includes the construction of a pilot plant aimed at [...]
E3 Metals Corp. today announced that in agreement with Canaccord Genuity Corp, coordinated with Mackie Research Capital Corp and our valued presidents list subscribers, has agreed to amend the terms of the financing announced on November 19, 2020. The new terms of the placement of the unit offering has been adjusted to C$0.85 per Unit for gross offering of C$5,000,000. Each Unit will be comprised of one common share of [...]
E3 Metals Corp. today announced an update on the development of its Direct Lithium Extraction technology. The E3 Metals' technical experts, who have been working directly with the Livent technical team, continue to work towards completing the process design work of our wholly owned and proprietary DLE technology. The team is in the advanced stages of material synthesis and continuing the flow system design and testing [...]
E3 Metals Corp. announced today that FMC Lithium USA Corp. has decided to opt out of the Joint Development Agreement in place between the two organizations. In communicating the decision, Livent expressed confidence in the E3 Metals technology and in the world class Leduc aquifer, but said resource and capital allocation considerations forced its decision to withdraw. E3 Metals appreciates the work Livent has funded and [...]
E3 Metals Corp. today announced its participation at the upcoming Mines and Money Online Connect conference to be held November 30 to December 3, 2020. Chris Doornbos, President and CEO of E3 Metals Corp. will be participating in the conference's Battery Metals panel, scheduled for 9:00 a.m. ET on December 1, 2020. The Mines and Money Online Connect conference connects mining companies with institutional funds, private [...]
E3 Metals Corp. , an emerging lithium developer and leading lithium extraction technology innovator, is pleased to announce its Aquifer Management Plan and resource increase, in conjunction with the recently announced PEA , on the Clearwater Lithium Project. Updated Resource Estimate The inferred mineral resource estimate for the Clearwater Project Area has been updated to 410,000 tonnes of elemental lithium. The updated [...]
E3 Metals Corp. , an emerging lithium developer and leading lithium extraction technology innovator, today announced that it has entered into an agreement with Canaccord Genuity Corp. to lead a brokered private placement of units of the Company , in syndicate with Mackie Research Capital Corp. , of up to C$6.7M at a price of C$1.10 per Unit. Canaccord Genuity Corp will act as lead manager and sole bookrunner , on its own [...]
E3 Metals Corp. , an emerging lithium developer and leading lithium extraction technology innovator, today announced the results of its Preliminary Economic Assessment of its 100% owned Clearwater Lithium Project. The PEA outlines the estimated production of 20,000 tonnes per year of battery-quality lithium hydroxide monohydrate over a 20-year period. The Company will file the PEA on SEDAR within 45 days. The PEA was [...]
E3 Metals Corp. , an emerging lithium developer and leading lithium extraction technology innovator, today announced that it will be providing an update on its Alberta Lithium Project. E3 Metals will provide a corporate update via a live webinar with President and CEO, Chris Doornbos, on Thursday, November 19 at 12:30PM . Mr. Doornbos will present the Company's updated investor presentation, providing an in-depth overview [...]