E3 Metals awarded Alberta Innovates grant

<p><br/></p><p>E3 Metals Corp. received a $1.8 million&nbsp;grant from Alberta Innovates that will assist in funding a pilot plant.</p><p>The company has developed a proprietary direct lithium extraction (DLE); a technology that connects conventional oilfield and lithium processing, unlocking&nbsp;Alberta’s&nbsp;previously untapped lithium resources.</p><p>“We greatly appreciate the continued support from Alberta Innovates,” said Chris Doornbos, CEO, E3 Metals Corp. “The&nbsp;$1.8 million&nbsp;being contributed toward the pilot plant development work ongoing here in our facility in&nbsp;Calgary, and eventually on the project site in&nbsp;Alberta. This will greatly assist in laying the foundation for commercial lithium production in&nbsp;Alberta.”</p><p><br/></p><p>The funding will help demonstrate the DLE technology by scaling it up from the lab prototype to a field pilot. The first step will be a prototype operating within E3 Metals’&nbsp;Calgary&nbsp;lab, and then a field pilot operating continuously on a site within E3 Metals’ resource area in&nbsp;Alberta.</p><p><br/></p><p>The company plans to de-risk its&nbsp;Alberta&nbsp;lithium project prior to scaling up to the anticipated commercial scale of 20,000 tonnes/year lithium hydroxide monohydrate.</p><p><br/></p><p>“We believe&nbsp;Alberta&nbsp;has the prime opportunity to be at the forefront of global mineral exploration and development because of our wealth of natural resources and experience as a global leader in responsible development,” said&nbsp;Sonya Savage, Minister, Energy. “This E3 Metals pilot project is a great demonstration of the kind of potential that exists, and is another example of&nbsp;Alberta&nbsp;ingenuity in action.”</p><p><br/></p>