Latest news with #E3Lithium

National Post
2 days ago
- Business
- National Post
E3 Lithium Announces Filing of NI 43-101 Technical Report for Updated Resource Estimate in the Garrington District
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 it has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects independent technical report for its Garrington District project in central Alberta. Article content The Garrington Report titled 'NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate' (the 'Garrington Report') is dated July 18, 2025, has an effective date of June 25, 2025, and the mineral resource estimate was previously disclosed by E3 Lithium in its June 25, 2025, press release titled ' E3 Lithium Outlines an Inaugural Measured and Indicated Mineral Resource Estimate of 5.0 Mt LCE for the Garrington District '. Article content Article content There are no material changes in the Garrington Report from the results disclosed in the Company's June 25, 2025, press release. The Garrington Report is available on the Company's website ( and SEDAR+ ( Article content Qualified Persons Article content The disclosure in this news release of scientific and technical information pertaining to the Garrington Report 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. Article content Equity Awards Grant Article content As part of the Company's 2025 compensation plan outlined March 7, 2025, the Board of Directors of the Company approved, effective June 27, 2025, the grant to Rob Knowles, VP Investor Relations, of 40,000 incentive stock options (the 'Options') exercisable to acquire up to 40,000 common shares of the Company. The options are exercisable at price of $0.81 per share for a period of three years from the date of grant under its omnibus equity incentive plan, with one half of the Options vesting on each of the first and second anniversaries of the date of grant. Article content ON BEHALF OF THE BOARD OF DIRECTORS Article content Chris Doornbos, President & CEO Article content 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 website ( Article content Article content ) and SEDAR+ ( Article content Article content ). Article content 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 is available on the E3 Lithium website ( Article content ) and SEDAR+ ( Article content Article content ). Article content 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 website ( Article content ) and SEDAR+ ( Article content Article content ). Article content Kevin Carroll, P. Eng., Chief Development Officer of E3 Lithium 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; 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, that activities relating to the Garrington 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. 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; 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+ ( 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 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 Article content Kati Dolyniuk Article content Article content Article content Article content


Business Wire
2 days ago
- Business
- Business Wire
E3 Lithium Announces Filing of NI 43-101 Technical Report for Updated Resource Estimate in the Garrington District
CALGARY, Alberta--(BUSINESS WIRE)--E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce that it has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects independent technical report for its Garrington District project in central Alberta. The Garrington Report titled "NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate" (the 'Garrington Report') is dated July 18, 2025, has an effective date of June 25, 2025, and the mineral resource estimate was previously disclosed by E3 Lithium in its June 25, 2025, press release titled " E3 Lithium Outlines an Inaugural Measured and Indicated Mineral Resource Estimate of 5.0 Mt LCE for the Garrington District '. There are no material changes in the Garrington Report from the results disclosed in the Company's June 25, 2025, press release. The Garrington Report is available on the Company's website ( and SEDAR+ ( Qualified Persons The disclosure in this news release of scientific and technical information pertaining to the Garrington Report 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. Equity Awards Grant As part of the Company's 2025 compensation plan outlined March 7, 2025, the Board of Directors of the Company approved, effective June 27, 2025, the grant to Rob Knowles, VP Investor Relations, of 40,000 incentive stock options (the 'Options') exercisable to acquire up to 40,000 common shares of the Company. The options are exercisable at price of $0.81 per share for a period of three years from the date of grant under its omnibus equity incentive plan, with one half of the Options vesting on each of the first and second anniversaries of the date of grant. 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 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 is available on the E3 Lithium website ( and SEDAR+ ( 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 website ( and SEDAR+ ( Kevin Carroll, P. Eng., Chief Development Officer of E3 Lithium 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; 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, that activities relating to the Garrington 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+ ( 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.


Globe and Mail
2 days ago
- Business
- Globe and Mail
E3 Lithium Announces Filing of NI 43-101 Technical Report for Updated Resource Estimate in the Garrington District
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce that it has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects independent technical report for its Garrington District project in central Alberta. The Garrington Report titled "NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate" (the 'Garrington Report') is dated July 18, 2025, has an effective date of June 25, 2025, and the mineral resource estimate was previously disclosed by E3 Lithium in its June 25, 2025, press release titled " E3 Lithium Outlines an Inaugural Measured and Indicated Mineral Resource Estimate of 5.0 Mt LCE for the Garrington District '. There are no material changes in the Garrington Report from the results disclosed in the Company's June 25, 2025, press release. The Garrington Report is available on the Company's website ( and SEDAR+ ( Qualified Persons The disclosure in this news release of scientific and technical information pertaining to the Garrington Report 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. Equity Awards Grant As part of the Company's 2025 compensation plan outlined March 7, 2025, the Board of Directors of the Company approved, effective June 27, 2025, the grant to Rob Knowles, VP Investor Relations, of 40,000 incentive stock options (the 'Options') exercisable to acquire up to 40,000 common shares of the Company. The options are exercisable at price of $0.81 per share for a period of three years from the date of grant under its omnibus equity incentive plan, with one half of the Options vesting on each of the first and second anniversaries of the date of grant. 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 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 is available on the E3 Lithium website ( and SEDAR+ ( 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 website ( and SEDAR+ ( Kevin Carroll, P. Eng., Chief Development Officer of E3 Lithium 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; 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, that activities relating to the Garrington 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+ ( 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.
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