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No - The halt was for the pre feasability results having finally? been released....?
Plus - ah - Thanks for the clarification
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Aetl&x=53&y=10&time=5&startdate=1%2F4%2F2017&enddate=12%2F10%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
ha - ALB and SQM, etc.......NOW one just needs to derermine whether (or not) that yesterdays' upspije MEANT something.......
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=sqm&x=0&y=0&time=5&startdate=1%2F4%2F2017&enddate=12%2F10%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
What're they talkin' about 2.5 billion being required to build for tho ?
Halted open for a pre feasiblity release ?
https://ceo.ca/@businesswire/e3-lithium-outlines-clearwater-project-pre-feasibility
Well !........Uh....Not exactly the best initial response to it there, was it ?
Unless on just chooses to focus more on the rebound !
What're they talkin' about 2.5 billion being required to build for tho ?
sheesh......Can't they like do it for a little bit cheaper ?
And whether the economics appear favourable, is beyond me.
Canadian Investment Regulatory Organization Trading Halt - ETL
I knew something was up. Naked short selling MM dumped his shorts before news.
https://ih.advfn.com/stock-market/TSXV/ETL/stock-news/94105344/canadian-investment-regulatory-organization-tradin
VANCOUVER, BC, June 26, 2024 /CNW/ - The following issues have been halted by CIRO
Company: E3 Lithium Ltd.
TSX-Venture Symbol: ETL
All Issues: Yes
Reason: Pending News
Halt Time (ET): 9:31 AM
CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions
Copyright 2024 Canada NewsWire
96 views Jun 26, 2024, E3 Lithium Pre-Feasibility Study Webinar and Analyst Q&A
Looks like I bought 400 shares today, I forgot I had an order in.
Settlement date: 06/27/2024
Action: Bought
Quantity: 400
Symbol: EEMMF
Unit price: $1.01
Principal amount $404*
Meanwhile, have you seen Albermarle and SQM and, and, and SGML, etc., etc. ?
Including E3 Metals
E3 LITHIUM AND IMPERIAL OIL AGREEMENT UPDATE
CALGARY, ALBERTA, May 13, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is pleased to announce an update to its agreement with Imperial Oil Limited (“Imperial” or “IOL”).
As part of E3 Lithium and Imperial’s continued collaboration under the agreement first announced in June 2022, the two companies have agreed to increase access to additional freehold lands across the Clearwater Area. The Company has also agreed to extend the term of the warrants (the "IOL Warrants") for an additional 12 months, now exercisable until July 8, 2025.
https://www.e3lithium.ca/newsroom/news-releases/e3-lithium-and-imperial-oil-agreement-update
CALGARY, ALBERTA, May 9, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is excited to announce it is expanding the Calgary-based lab to incorporate the equipment to complete the polishing and production of battery products, such as lithium carbonate and lithium hydroxide.
https://www.e3lithium.ca/newsroom/news-releases/e3-lithiums-laboratory-to-expand-to-include--production-of-lithium-carbonate
E3 LITHIUM INVITES INVESTORS TO UPCOMING WEBINAR
CALGARY, ALBERTA, May 7, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is inviting investors and interested parties to join Chris Doornbos, President and CEO of E3 Lithium, and Raymond Chow, Chief Financial Officer on May 14, 2024 at 11:00am MT on a webinar to review the 2023 Annual Report, provide a corporate update on E3 Lithium’s progress throughout the year and outline its ongoing plans for the remainder of 2024, including a high-level overview of the upcoming Prefeasibility Study.
https://www.e3lithium.ca/newsroom/news-releases/e3-lithium-invites-investors-to-upcoming-webinar
Upcoming Events
https://www.e3lithium.ca/investors/upcoming-events/
CALGARY, ALBERTA, March 11, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is pleased to announce recent additions to its team to help progress towards commercializing the Clearwater Project and share its upcoming presentation schedule.
Since the beginning of 2024, E3 Lithium has expanded its subsurface team, welcoming a new senior reservoir engineer and transitioning a former E3 Lithium lab employee, who spent the last two years working on Direct Lithium Extraction (DLE) technology and is a Geoscientist in Training, to the team to support resource development. The Company has also welcomed three new employees to corporate functions, including a new executive assistant and head of staff, a financial accountant and a marketing and digital communications specialist, all of whom will help steward the Company’s growth and achievement of upcoming catalysts.
E3 Lithium
8,169 followers
1d •
https://www.linkedin.com/feed/update/urn:li:activity:7168994662043541504/
An article shared last week outlines how Canada aims to reduce the development timeline for critical mineral mines from 12-15 years to approximately 5 years. This effort, focusing in part on minerals essential for manufacturing electric vehicles, highlights the government's commitment to electrifying the transportation sector, making Canada an attractive industry partner on the global stage.
This effort includes substantial investments in infrastructure and incentives for mining and mineral processing projects, enhancing Canada's ability to offer energy resources at affordable prices and strengthening its position in the lithium and broader critical mineral markets.
Read the full article here: https://lnkd.in/det226_q
E3 Lithium provides update on technology selections for first commercial Lithium
E3 LITHIUM LTD., a leader in Canadian lithium, has providde an update on the selection process for Direct Lithium Extraction (DLE) technology and the design of the downstream refining flowsheet for its first commercial facility.
In 2023, E3 Lithium committed to operating a field pilot plant to test DLE technologies at continuous scale to demonstrate the technical capability of various technologies to extract lithium efficiently from E3 Lithium’s brines. At the pilot, the Company operated its proprietary DLE technology and a third-party technology which produced successful results. In parallel, to ensure the Company had evaluated the available options to select the combination of processes that produce the best technical and economic results for its commercial design, E3 Lithium evaluated an additional three third-party DLE systems. The results of all the DLE technologies were similar to the results outlined from the pilot testing in terms of the recovery and lithium concentrate quality.
The most significant information received from all testing of DLE technologies that E3 Lithium completed was that each achieved technical success, which has significantly de-risked the commercial viability of the of the Company’s Leduc brines and Clearwater Project. The results also provided sufficient data to allow the Company to analyze each of the leading DLE options in combination with the downstream refining process, to select the optimal design for inclusion into E3 Lithium’s Prefeasibility Study (PFS). The Company’s primary goal is to make a decision that will enable immediate progression into the Feasibility Study and onto commercial construction and operations.
“We believe that it will commercialize” minute ~43:30 into the video.
Interesting choice of words.
E3 Lithium Investor Webinar February 2024
75ppm, good enough for IBAT, and returns in the black?
CALGARY, ALBERTA, January 25, 2024 – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company”,
Alberta’s leading lithium developer and extraction technology innovator, today announced the discovery of higher lithium concentrations in the Nisku Aquifer (the Nisku) through a new six well sampling program conducted late in 2023.
E3 Lithium sampled brine in the Nisku from six well locations in its Clearwater Project Area that outlined lithium concentrations as high as 87 mg/L. These results are from the first Nisku samples in the Clearwater Project area, and are higher than the historic Nisku samples, which outlined lithium grades up to 75 mg/L.
Direct lithium extraction players to draw wave of M&A from battery supply chain
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/direct-lithium-extraction-players-to-draw-wave-of-m-a-from-battery-supply-chain-79694288
Emily Hersh
Developing lithium exploration projectsDeveloping lithium exploration projects
I learned so much asking Chris Doornbos P.Geo, ICD.D to explain Direct hashtag#Lithium Extraction hashtag#DLE to me in terms of "magical beads" and how to tweak a process to move massive amounts of fluids from point A to B.
I'm so happy for the E3 Lithium team for executing the pilot plant and can't wait to see what's next!
As far as lithium jrs go I've been following VLT.v for a while because of their proprietary method that can extract lithium from oilfield brines. The Canadian gov't is throwing support for E3 which is also developing DLE extraction tech, but VLT has a much smaller market cap rn. Some good info on them and their tech here if you're interested⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/17ru854/revolutionizing_lithium_production_vlts_twostep/?utm_source=share&utm_medium=web2x&context=3
E3 Lithium Ltd EEMMF:OTCQX International
E3 Lithium Disclaims Recent Unsanctioned Promotional
Material
BusinessWire
3:49 PM ET
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), "E3
Lithium", "the Company," was advised by the OTC Markets
Group Inc. ("OTC Markets") on October 25, 2023 of stock
promotion activity that the Company was previously unaware
of prior to the OTC Markets' notification. E3 Lithium
expressly disclaims, does not approve of, and has had no
involvement in the purported stock promotion.
At the request of the OTC Markets, the
Company will provide clarity regarding samples of
promotional material recently disseminated by
MrPennyStocks.com ("MPS") related to E3 Lithium:
At no time has E3 Lithium engaged MPS to
conduct any services for the Company; E3 Lithium has
not directly nor indirectly (i.e. through third-party
service providers) compensated MPS in any way, nor been
involved with any of the unsanctioned promotional materials.
Any insinuation to the contrary in MPS' material is false
and misleading; E3 Lithium has delivered a "Cease and
Desist" letter to MPS demanding that MPS immediately cease
and desist publication of any material about the Company and
that MPS remove any previously distributed material about E3
Lithium; E3 Lithium has comprehensive policies in
place in respect of its investor and public relations
activities and has previously disclosed all IR service
providers retained by the Company. The Issuer had no
knowledge of the promotional materials until notified by OTC
Markets Issuer Compliance Team, which monitors and enforces
OTC Markets Promotion Policies. As such, the Issuer had no
editorial control over the content; Readers should
not rely on any information contained in the material
distributed by MPS, as none of it is reliable nor reviewed
or approved by the Company.
Additional
information requested:
The Company has
observed no material change to its share price in relation
to the above-mentioned promotional activities.
To the Company's knowledge after inquiry,
no Director, officer, control person, controlling
shareholder (defined as a shareholder owning more than 10%
or more of the Issuer's securities) employee, contractor or
any third-party service provider has any relation to MPS,
nor were the relevant parties involved, directly or
indirectly, with the creation, distribution, or payment of
the MPS promotional materials. Over the past 12 months,
certain directors and officers sold shares totalling
224,500, as announced on October 4, 2023.
Over the past 12 months, the Company has
engaged with the following third-party service providers:
Native Ads Inc. (June 14, 2023), Independent Trading Group
(June 14, 2023), and Meadowbank Strategic Partners Inc.
(September 12, 2023).
The OTC Markets has
further requested that E3 Lithium state whether it has
issued any shares or convertible securities allowing
conversion to equity securities at prices constituting a
discount to current market rate at time of issuance. As
previously announced, the Company issued shares related to
two public offerings in the past 12 months. On June 8, 2023,
the Company closed a "bought deal" public offering for gross
proceeds of CAD$5,623,837 issuing 2,499,483 common shares of
the Company at a price of CAD$2.25 per Offered Share,
representing an 8% discount to the closing price on May 30,
2023. On September 26, 2023, the Company closed a "bought
deal" public offering for gross proceeds of CAD$23,025,300
issuing 6,486,000 common shares of the Company at a price of
CAD$3.55 per Offered Share, representing an 13% discount to
the closing price on September 15, 2023.
The Company encourages those interested in
the Company to rely solely on information included in press
releases issued and distributed by the Company through
approved news wire or disclosure and news services, combined
with its filings and disclosures made with SEDAR+.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President & CEO E3
Lithium Ltd.
E3- will be fine.
Clean coal technology that’s good for the environment and the economy
That's one hell of a cover there.....LMAO
Meanwhile, have you seen Albermarle and SQM and, and, and SGML, etc., etc. ?
Including E3 Metals
Sumpthin' must be happening to pricing in China or......
Or perhaps the market's just factoring in a Republican win and a return to burning coal.
.
White gold, welcome to the board. I can use some help posting info on E3 Thanks for posting and GLTA
ha-ha-ha yeah, there's been some stuff going on.
Like how they said - Black Magic
Have only listened to 1/2 so far (Chris really excels at yaking)
Volatile due to . . . . . am not quite sure - The Euro Expo which they're at ?
Anyhow, thanks
.
E3 Lithium (TSXV:ETMC) - Scaling Up Modular Direct Lithium Extraction in Canada. PFS results Q1 2024
Are you holding?
Pending Lithium Shortage Increases Commercialization Opportunities: E3 Lithium CEO
https://www.dailyoilbulletin.com/article/2023/10/5/pending-lithium-shortage-increases-commercializati/?ntoken=%2BDohnAl5LH1n0LG3adKTkGIXFuEqqKJojq5lHamUB7z%2FSp7ju7E2HWHR8mMxyVlxy8HK%2FbEZIgeZ9iuCTa8cJS6%2B%2FkhZh4pG76YnFdS%2FQq%2BUDamg5qnUC4erhgTGL%2Fti
E3 Lithium Investor Day 2023
The Q&A is at the end of the video last Chris says E3 WILL USE A THIRD PARTY DLE for the first plant.
But if you have the time watch it all.
E3 LITHIUM ADVANCES LITHIUM PRODUCTION TESTING AND PROVIDES FIELD PILOT PLANT COMMISSIONING UPDATE
CALGARY, ALBERTA, August 23, 2023
https://www.e3lithium.ca/newsroom/news-releases/e3-lithium-advances-lithium-production-testing-and-provides-field-pilot-plant-commissioning-update
E3 Lithium Ltd EEMMF:OTCQX International
E3 Lithium to Livestream Inaugural Investor Day on October 4
BusinessWire
3:05 AM ET
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), "E3
Lithium" or the "Company", Alberta's leading lithium
developer and extraction technology innovator, invites
investors and interested parties to join the livestream of
its inaugural Investor Day on Wednesday, October 4. The
event will commence at 2 p.m. MT (4 p.m. ET).
During E3 Lithium's Investor Day,
management will provide fulsome updates on the business and
attendees will be invited to ask questions during the Q&A
session. Interested parties may also submit questions in
advance to investor@e3lithium.ca.
Details
Date: Wednesday, October 4, 2023 Time: 2
p.m. MT / 4 p.m. ET Please click here to join the live
webcast: Link Attendance is limited to 1,000 guests
Special offer for virtual attendees:
Limited edition E3 Lithium apparel will be offered to those
who join the livestream on October 4, while quantities last.
Virtual attendees will be required to submit their mailing
address to receive the item. More details will be provided
by the moderator when the livestream starts.
If attendees are not able to join the
event live on the day of the event, an archived webcast will
be made available on E3 Lithium's website.
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President & CEO E3
Lithium Ltd.
E3 Lithium Pilot Plant Update
1,510 views Jun 15, 2023
June 14 2023
E3 Pilot Montage - 2023
My bid I put in on 9-12 is at $2.50US came down to $2.56 I think I can wait a couple more days, on my radar..
E3 Lithium Announces $20.0 Million Bought Deal Public
Offering
BusinessWire
7:00 AM ET
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), "E3
Lithium" or the "Company", Alberta's leading lithium
developer and extraction technology innovator, today
announced that it has entered into an agreement with Eight
Capital to act as lead underwriter and sole bookrunner on
behalf of a syndicate of underwriters (collectively, the
"Underwriters"), pursuant to which the Underwriters have
agreed to purchase for resale 5,640,000 common shares of the
Company (each, an "Offered Share") at a price of C$3.55 per
Offered Share (the "Offering Price") on a "bought deal"
basis for gross proceeds of C$20,022,000 (the "Base
Offering").
The Company has granted to
the Underwriters an option (the "Over-Allotment Option", and
together with the Base Offering, the "Offering"),
exercisable for a period of 30 days after and including the
closing date of the Offering, to purchase for resale up to
an additional 15% of Offered Shares at the Offering Price to
cover over-allotments, if any, and for market stabilization
purposes.
The net proceeds from the
Offering will be used towards the advancement of the
Clearwater Project and corporate development activities.
The Offered Shares will be sold by way of
a prospectus supplement to be filed in all of the provinces
of Canada, other than Quebec, to supplement the Company's
short form base shelf prospectus dated April 18, 2022. The
Offered Shares may also be sold in the United States on a
private placement basis pursuant to one or more exemptions
from the registration requirements of the United States
Securities Act of 1933, as amended (the "U.S. Securities
Act"), and in such other jurisdictions outside of Canada and
the United States, in each case in accordance with all
applicable laws provided that no prospectus, registration
statement or similar document is required to be filed in
such jurisdiction.
The Offering is
scheduled to close on or about September 26, 2023 and is
subject to certain conditions including, but not limited to,
the receipt of all necessary approvals, including the
approval of the TSX Venture Exchange.
The
Offered Shares have not been and will not be registered
under the U.S. Securities Act and may not be offered or sold
in the United States absent registration or an applicable
exemption from the registration requirements under the U.S.
Securities Act and applicable states securities laws. This
news release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale
of any securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
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 resources(1) 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-tax(1). 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. In particular, this news release
contains forward-looking information pertaining to the
Offering and the proposed use of proceeds therefrom.
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.
Factors that could cause actual results to differ materially
from such forward-looking information include, but are not
limited to, changes in the state of equity and debt markets,
delays in obtaining required regulatory approvals, failure
to satisfy closing conditions in respect of the Offering and
other risks and uncertainties involved in the mineral
exploration and development industry. Forward-looking
information in this news release is based on the opinions
and assumptions of management considered reasonable as of
the date hereof, including, but not limited to, the
assumption that all conditions precedent to the completion
of the Offering (including the receipt of all requisite
regulatory approvals) will be satisfied in a timely manner;
and general business and economic conditions will not change
in a materially adverse manner. 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.
View source
version on businesswire.com:
https://www.businesswire.com/news/home/20230917767085/en/
ha-ha ! LoL....Sweet
along with two third party
technologies.......
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), "E3
Lithium" or "the Company," Alberta's leading lithium
developer and extraction technology innovator, today
provides a preliminary update on the Direct Lithium
Extraction (DLE) technology results at its field pilot
plant.
Via its DLE field pilot plant, E3
Lithium is conducting a series of three predefined tests to
review various operating conditions to understand
anticipated performance in a commercial environment. Once
all three tests are complete, E3 Lithium will select the
operating conditions that produced the best results to run
for a longer period.
The success of the
longer operating period will confirm the results of the
initial testing and will enable the commercial design of
this system for both the Pre-Feasibility Study (PFS) and
subsequent engineering designs. In addition, the lithium
concentrate produced by the longer operating period will be
used for the development of the lithium production system
for the PFS and subsequent engineering designs.
The internal analysis and results of the
first of the three tests are outlined below:
Initial lithium recovery: > 94%
Purity of concentrate: > 80% Average lithium grade
in concentrate: 884 mg/L
"These results
demonstrate an initial positive indication that the pilot is
operating as expected," said Chris Doornbos, President and
CEO of E3 Lithium. "The E3 Lithium team is working hard to
progress the pilot and is continuing to operate the pilot
safely. We appreciate the outpouring of community support
since operations began and are very excited to be able to
outline these preliminary results."
Throughout pilot operations, E3 Lithium
will be testing its technology along with two third party
technologies. A full suite of results from the predefined
testing currently underway will be available at the start of
the longer operating period. At that point, E3 will provide
the results against the KPIs outlined in June. The results
presented today should not be considered a full
representation of performance of the pilot.
International Battery Metals Ltd.: Woodbury Carper Lithium Resource Project Exploration Commences
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2017) - International Battery Metals Ltd. (CSE: IBAT) ("IBAT" or the "Company") The Company is pleased to announce that it has commenced the testing and evaluation of the optioned Woodbury Carper Lithium Resource Project being 37,500 acres of oil and gas leases located in Cumberland and Jasper Counties Illinois. Through this initial program, the Company will advance its objectives of quantifying the lithium content of the brine on the optioned properties and exploring the application of different extraction methodologies.
As announced in the Company's July 24, 2017 news release, lithium on these properties were discovered as a result of drilling three exploratory wells in the search for oil and gas from the New Albany Shale and Carper Sandstone. Readers are referred to that news release for further details.
These initiatives reflect the Company's strategic move to focus on lithium in oil and gas brines in North America where it can utilize the latest lithium specific expertise and technologies as described in the Company's news release of October 2, 2017 in the best interests of the Company.
ON BEHALF OF THE BOARD
"Logan Anderson"
Logan Anderson, CEO and Director
https://www.newsfilecorp.com/release/29501/International-Battery-Metals-Ltd.Woodbury-Carper-Lithium-Resource-Project-Exploration-Commences
Lithium tech developers eye ways to boost water recycling
By Ernest Scheyder
September 13
Just for you Nowwhat2 There is no way someone would spend $450-million for EnergySource's DLE for oil well brines. And E# and IBATF can get GRANTS for new tech. My guess that is why IBATF is doing all the testing to get GRANTS.
E3 Lithium, which is backed by Exxon’s Imperial Oil, began testing three DLE technologies last month in Alberta and aims to install water recycling facilities as it goes commercial, said CEO Chris Doornbos.
“You end up having a small water treatment facility with your processing facility so they can reuse that water over and over and over again,” said Doornbos.
Oh wow.......THIS has gotta factor in too there (they're gettin' divorced and they've lost some of thier secret sauce)
https://www.reuters.com/world/china/markets/commodities/sigma-lithium-eyeing-buyout-sues-ex-ceo-daughter-in-law-over-trade-secrets-2023-08-22/
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