E3 Lithium Confirms Listing of Warrants in Relation to Recently Closed Equity Offering
Exercising the issued warrants would add common shares and dilute existing shareholders.
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NOT FOR DISTRIBUTION TO
The Warrants were issued pursuant to the Company’s public offering of units that closed on September 24, 2026. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of
The ISIN and CUSIP numbers of the Warrants are CA26925V1408 and 26925V140, respectively. The Warrants are governed by the terms of the warrant indenture dated September 17, 2026, between the Company and Odyssey Trust Company as warrant agent (the “Warrant Indenture”). A copy of the Warrant Indenture is available under the Company’s profile on www.sedarplus.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, CEO & Chair
E3 Lithium Ltd.
About E3 Lithium
E3 Lithium is a development company with a total of 21.2 million tonnes (Mt) of lithium carbonate equivalent (LCE) Measured and Indicated mineral resources as well as 0.3 Mt LCE Inferred mineral resources in Alberta, comprised of (a) Measured and Indicated mineral resources of 16.2 Mt LCE at a lithium grade of 75.5 mg/L within its Clearwater Project1 and (b) Measured and Indicated mineral resources of 5.0 Mt LCE at a lithium grade of 54.0 mg/L and Inferred mineral resources of 0.3 Mt LCE at a lithium grade of 42 mg/L within its Garrington District2. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve at a lithium grade of 75.5 mg/L, with a pre-tax NPV(
1: The technical report titled “Clearwater Project, NI 43-101 Technical Report on Pre-Feasibility Study, Bashaw District Mineral Property, Central Alberta, Canada”, with an effective date of June 20, 2024, is available on E3 Lithium’s website (www.e3lithium.ca/technical-reports/) and under E3 Lithium’s profile on SEDAR+ (www.sedarplus.ca).
2: The technical report titled “NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate”, with effective date of June 25, 2025, is available on E3 Lithium’s website (www.e3lithium.ca/technical-reports/) and under E3 Lithium’s profile on SEDAR+ (www.sedarplus.ca).
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.
Forward-Looking Statements
This news release includes certain forward-looking statements and forward-looking information as defined under applicable securities laws (collectively, “forward-looking statements”) as well as management’s objectives, strategies, beliefs and intentions. 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 Clearwater Pre-Feasibility Study, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking statements relating to the listing of the Warrants on the TSX Venture Exchange.
All forward-looking statements (including future-oriented financial information) are 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+ (www.sedarplus.ca). 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.
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E3 Lithium - Investor Relations
investor@e3lithium.ca
587-324-2775
E3 Lithium - Media Inquiries
communications@e3lithium.ca
587-324-2775
Source: E3 Lithium Ltd.