E3 Lithium Stock Price, News & Analysis

E3 Lithium (OTCQX:EEMMF) submitted an EPEA application to the Alberta Energy Regulator on December 8, 2025 and initiated the AER Directive 056 (D56) notification and consultation program for the Clearwater Project Central Processing Facility.

The CPF application targets up to 32,000 t/yr lithium carbonate (LC) capacity, with Phase 1 at ~12,000 t/yr. D56 facility application is planned for early 2026; typical approvals take ~six months but the company expects longer due to first-of-kind status. Additional permits for wells, pipelines, power and municipal development are underway while stakeholder consultation continues through 2026.

E3 reports a combined 21.2 Mt LCE measured and indicated in Alberta plus PFS reserves: 1.13 Mt LCE proven and probable, pre-tax NPV(8%) USD 5.2B (29.2% IRR).

E3 Lithium (OTCQX:EEMMF) completed drilling for Phase 2 of its Demonstration Facility in central Alberta, finishing a vertical production well and a deviated injection well that reached past the Leduc into the Cooking Lake Formation.

The wells intercepted approximately 200m of Leduc aquifer, and coring plus comprehensive logging were completed to support upcoming completions and production testing scheduled to continue into Q1 2026. Lithium and water chemistry results will be released when production testing begins; brine will be collected for on-site processing to produce lithium carbonate.

Leadership changes: Rob Knowles departed as VP, Investor Relations, and Sarfraz Somani will join as Director – Capital Markets effective Dec 8, 2025.

E3 Lithium (OTCQX: EEMMF) filed unaudited Q3 2025 financial statements and MD&A and updated its corporate presentation on its website. Key operational progress includes Demonstration Facility Phase 1 commissioning starting Sept 2, 2025 and production of 99.7% pure battery‑grade lithium carbonate. The company signed an MOU with Axens and began Phase 2 site work and a Leduc Formation development well on Oct 29, 2025. Corporate actions include a Sept 30, 2025 sale agreement for Saskatchewan assets for US$4.3M and an upsized Oct financing raising C$13.4M. Q3 net loss was $2.4M; working capital was $6.8M at Sept 30 and $18.1M at Oct 31 after the financing. Undrawn government grants total $24.8M.

E3 Lithium (TSXV:ETL) agreed to sell its non-core Estevan lithium district assets in Saskatchewan for US$4.296 million (C$6.0 million). Proceeds will be used to enhance the balance sheet and support advancement of the company's Clearwater Project in Alberta's Bashaw District, which the company identifies as its development priority.

The transaction is expected to close in late Q4 2025 and remains subject to customary closing conditions, including third-party consents and satisfactory regulatory, surface impediment and environmental due diligence by the purchaser.

E3 Lithium (OTCQX:EEMMF) is rescheduling its Q4 webinar to a "take-two" on Thursday, November 6, 2025 at 9:00 AM MT (11:00 AM ET) after technical difficulties disrupted the original session. Management, including President & CEO Chris Doornbos, will review Phase 1 demonstration facility achievements, Phase 2 progress, the recently closed equity financing, government initiatives supporting lithium development, and upcoming milestones for the Clearwater Project for Q4 2025 and 2026.

The event runs 45 minutes with a 15-minute live Q&A; attendees can join via Zoom using Meeting ID 833 9747 1248 and may submit questions in advance to investor@e3lithium.ca. A recording will be posted on the company website after the webinar.

E3 Lithium (OTCQX:EEMMF) will host a live webinar on November 5, 2025 at 09:00 AM Mountain Time (11:00 AM ET). The session includes a 45-minute presentation followed by 15 minutes of live Q&A and will review:

• Phase 1 demonstration facility achievements
• Phase 2 demonstration facility progress
• the recently closed equity financing
• the company’s positioning in North American critical minerals strategy
• recent federal and provincial initiatives supporting lithium development
• Clearwater Project milestones for Q4 2025 and 2026

E3 Lithium (OTCQX:EEMMF) announced partial exercise of the over-allotment option from its October 14, 2025 public offering, issuing 1,000,000 additional common shares at C$1.07 and 761,250 additional warrants at C$0.26 for aggregate gross proceeds of C$1,267,925. Together with the Offering, 5,836,250 warrants are expected to commence trading on the TSX Venture Exchange under ETL.WT on November 5, 2025. Each warrant is exercisable at C$1.50 until October 14, 2028. The Offering originally raised C$12,180,000, and agents received a cash commission of C$756,745.32. The warrants are not registered in the United States.

E3 Lithium (OTCQX:EEMMF) will host a shareholder webinar on Wednesday, November 5, 2025 at 09:00 AM MST (11:00 AM ET) to review recent developments and next steps toward commercial lithium production.

Management will cover:

• Phase 1 demonstration facility achievements
• Phase 2 demonstration facility progress
• recently closed equity financing
• positioning within North American critical minerals strategy
• government initiatives and upcoming Clearwater Project milestones for Q4 2025 and 2026

Duration is 45 minutes plus 15 minutes live Q&A. The webinar will be on Zoom (no advance registration required) and a recording will be posted on the company website.

E3 Lithium (OTCQX:EEMMF) has commenced drilling its third lithium well in the Leduc Formation as Phase 2 of the Demonstration Facility in central Alberta on October 29, 2025. Phase 2 follows Phase 1, which in early October 2025 produced battery‑grade lithium carbonate and validated the company's Direct Lithium Extraction (DLE) equipment at demonstration scale.

Phase 2 aims to collect core samples, well‑log petrophysical data, reservoir performance metrics and brine for continued DLE testing to support commercial wellfield and facility design, engineering, and permitting. Drilling and testing are expected to continue into November 2025 and the company will provide operational updates.