Mr. Chris Doornbos reports

E3 LITHIUM'S COLLABORATIONS WITH TWO UNIVERSITIES RECEIVE FEDERAL NSERC FUNDING

E3 Lithium Ltd. is collaborating with McMaster University and the University of Alberta to support research proposals aimed at enhancing lithium brine production methodologies and the performance of lithium-ion batteries. Upon the successful completion of the two projects, E3 Lithium will evaluate opportunities to include the data into its development and commercialization plans.

McMaster University

McMaster University's proposal includes developing enhanced brine recovery mechanisms that are aimed at maintaining and enhancing lithium concentrations from subsurface brine resources during reservoir production. The outcome includes the potential of improving the economic viability of sustainable lithium production in the Leduc. E3 Lithium is supplying the brine required for experimental use in this proposal and will provide aquifer characteristic data essential for designing, validating and benchmarking experimental and numerical models of subsurface lithium flow and transport. The Company is also lending its technical expertise to the project to support the integration of the research into long-term field plans and commercial plant operations.

University of Alberta

The University of Alberta's proposal involves developing innovative methods for producing high-quality battery-grade graphite from natural graphite to enhance the performance of fast-charging lithium-ion batteries. The main focus of the project is to understand graphite's role in lithium-ion batteries and enhancing its electrochemical properties. E3 Lithium is providing technical support for separating and collecting lithium during graphite anode recycling and wastewater treatment. The Company is guiding the selection and implementation of separation techniques to effectively isolate lithium from other components in the wastewater.

"This is an incredible opportunity for E3 Lithium to support Canadian research conducted by reputable post-secondary institutions, and use the data produced to identify and implement efficiencies in lithium production and apply new innovations," said Chris Doornbos, President and CEO of E3 Lithium. "If successful, these proposals have the potential to enhance Canada's competitive advantage in the global economy and position itself as a leader in the transition to renewable energy."

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.

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