Mr. Chris Doornbos reports

E3 LITHIUM ANNOUNCES EXPANSION OF TEAM AND PRESENTATIONS AT UPCOMING CONFERENCES

E3 Lithium Ltd. has made recent additions to its team to help progress toward commercializing the Clearwater project and has shared 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.

"The new additions to the E3 Lithium team, along with the expertise and experience they bring, will make a significant impact on our key focus areas in 2024," said Chris Doornbos, president and chief executive officer of E3 Lithium. "The milestones we achieve this year, including progressing advanced engineering studies, will outline how lithium will be produced commercially in Alberta and advance us toward operations. Continuing to build the team that will deliver these important pieces of work will allow us to accelerate our development."

E3 Lithium is also looking forward to speaking at the following conferences in March.

Securing America's Future Energy (SAFE) Summit

Dates:  March 12 to 13, 2024

Location:  Washington, D.C.

Details:  E3 Lithium will be attending Securing America's Future Energy (SAFE) Summit from March 12 to 13, with Mr. Doornbos, president and chief executive officer, presenting at the minerals and new materials for defence and the energy transition session on Tuesday, March 12.

Society of Petroleum Engineers Canadian Energy Technology Conference and Exhibition

Dates:  March 13 to 14, 2024

Location:  Calgary, Alta.

Details:  E3 Lithium's reservoir manager, Kirsten Pugh, will deliver a presentation based on E3 Lithium's 2023 white paper, titled "Mining A Liquid: Case Study for Resource Evaluation Methodology in a Confined Saline Aquifer, Bashaw District, Central Alberta, Canada," at the clean tech -- lithium session on Thursday, March 14.

E3 completed the issuance of options and RSUs (restricted share units) as part of the company's yearly staff compensation and to new hires that have recently joined the company. The company had a significant and successful 2023 and the team at E3 has been fundamental to that success. In light of that, and to protect E3's balance sheet, the company has granted 1,738,000 options and 395,000 restricted share units to certain directors, officers and employees of the company under its omnibus equity incentive plan. The options are exercisable to acquire up to 1,738,000 common shares of the company at a price of $1.58 per common share. The options have terms and vesting provisions over a period of five years in line with the company's plan. The 395,000 RSUs have terms and vesting provisions over a period of three years. Upon vesting, each RSU is redeemable for one common share of the company in accordance with the plan. The grant of the options and RSUs is subject to approval by the TSX Venture Exchange.

About E3 Lithium Ltd.

E3 Lithium is a development company with a total of 16.0 million tonnes of lithium carbonate equivalent (LCE) measured and indicated and 900,000 tonnes LCE inferred mineral resources1 in Alberta.

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