Mr. Chris Doornbos reports

E3 LITHIUM SUCCESSFULLY COMPLETES THE PILOT PROJECT FUNDED BY NRCAN AND RECEIVES FINAL PAYMENT

E3 Lithium Ltd. has successfully completed all milestones of the pilot project funded by Natural Resources Canada's (NRCan) Critical Minerals Research, Development and Demonstration (CMRDD) program. The total support from the CMRDD program was a $3.5-million contribution, and E3 has now received the final payment of $354,000. This funding supported E3 Lithium's successful field pilot operations and the advancement of using direct lithium extraction (DLE) technology to extract lithium from Leduc brines in Alberta, Canada.

E3 Lithium successfully demonstrated DLE technology at scale, achieving high lithium recovery from brines with high flow rates. The pilot project provided essential data incorporated into the recently released prefeasibility study (PFS), confirming the economic viability of the Clearwater lithium project in Alberta.

"We are grateful for NRCan's support as we progress towards commercializing lithium production right here in Alberta," said Chris Doornbos, president and chief executive officer of E3 Lithium. "This investment played an important role in derisking the technology aspect of the project. Through the pilot project, we achieved our key milestones and advanced the commercial viability of our DLE flow sheet. We are grateful for the support towards enabling lithium production from Alberta's vast lithium potential."

"The investment of $3.5-million to E3 Lithium will help Canada participate directly in the growing market for battery-grade lithium to support battery manufacturing here in Canada and beyond," said Jonathan Wilkinson, Minister of Energy and Natural Resources Canada. "This funding will create good jobs and drive economic growth -- supporting a prosperous economy that works for everyone."

Building on its success, E3 Lithium is advancing its strategic plan to construct a demonstration facility that will produce battery-grade lithium carbonate. This next advancement will lay the groundwork for a commercial lithium facility, positioning Western Canada as a key player in the global lithium market.

About E3 Lithium Ltd.

E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) measured and indicated as well as 900,000 tonnes LCE inferred mineral resources in Alberta and 2.5 million tonnes LCE inferred mineral resources in Saskatchewan. The Clearwater prefeasibility study outlined a 1.13-million-tonne-lithium-carbonate-equivalent proven and probable mineral reserve with a pretax net present value (discounted at 8 per cent) of $5.2-billion (U.S.) with a 29.2-per-cent internal rate of return and an after-tax NPV (discounted at 8 per cent) of $3.7-billion (U.S.) with a 24.6-per-cent internal rate of return. 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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