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E3 Lithium Files 2023 Year End Financial Results

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E3 Lithium, a leader in Canadian lithium, filed its 2023 Year End Financial Results, showcasing its strong financial performance and strategic outlook.

E3 Lithium, leader nel settore del litio canadese, ha presentato i risultati finanziari di fine anno 2023, dimostrando una solida performance finanziaria e una strategica visione futura.
E3 Lithium, líder en litio canadiense, presentó sus Resultados Financieros del Año Fiscal 2023, mostrando un sólido rendimiento financiero y una perspectiva estratégica.
캐나다 리튬 분야의 선두주자인 E3 리튬이 2023년 회계 연도 재무 결과를 발표했으며, 강력한 재무 성과와 전략적 전망을 보여주었습니다.
E3 Lithium, un leader du lithium canadien, a publié ses résultats financiers de fin d'année 2023, mettant en avant sa solide performance financière et sa vision stratégique.
E3 Lithium, ein führendes kanadisches Lithiumunternehmen, hat seine Finanzergebnisse für das Geschäftsjahr 2023 vorgelegt und dabei eine starke finanzielle Leistung und strategische Ausrichtung gezeigt.
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CALGARY, Alberta--(BUSINESS WIRE)--

E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, today filed its Consolidated Financial Statements for the year ended December 31, 2023 and the accompanying Management’s Discussion and Analysis (“MD&A) on its SEDAR+ profile at www.sedarplus.ca. The financial statements and MD&A will also be available on E3 Lithium’s website at www.e3lithium.ca.

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 16.0 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated and 0.9 million tonnes LCE Inferred mineral resources1 in Alberta. As outlined in E3’s Preliminary Economic Assessment, the Clearwater Lithium Project has an NPV8% of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1. E3 Lithium’s goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world.

1: The Preliminary Economic Assessment (PEA) for the Clearwater Lithium Project NI 43-101 technical report is amended Sept 17, 2021. Gordon MacMillan, P.Geol, QP, Fluid Domains Inc. and Grahame Binks, MAusIMM, QP (Metallurgy), formerly of Sedgman Canada Limited (Report Date: June 15, 2018, Effective Date: June 4, 2018 Amended Date: September 17, 2021). The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9Mt LCE (inferred). The mineral resource NI 43-101 Technical Report for the Bashaw District Project, effective March 21, 2023, identified 16.0Mt LCE (measured & indicated). All reports are available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).

Forward-Looking and Cautionary Statements

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 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.

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.

E3 Lithium - Investor and Media Relations

Robin Boschman

Director, Investor Relations and Corporate Communications

investor@e3lithium.ca

587-324-2775

Source: E3 Lithium Ltd.

FAQ

Where can I find E3 Lithium's 2023 Year End Financial Results?

E3 Lithium's 2023 Year End Financial Results can be found on its SEDAR+ profile at www.sedarplus.ca and on the company's website at www.e3lithium.ca.

Who is the President & CEO of E3 Lithium?

The President & CEO of E3 Lithium is Chris Doornbos.

What is the stock symbol for E3 Lithium?

The stock symbol for E3 Lithium is EEMMF.

What type of financial documents did E3 Lithium file for the year ended December 31, 2023?

E3 Lithium filed its Consolidated Financial Statements and Management’s Discussion and Analysis (MD&A) for the year ended December 31, 2023.

E3 LITHIUM LTD

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