Mr. Chris Doornbos reports

E3 LITHIUM BEGINS COMMISSIONING THE CLEARWATER PROJECT DEMONSTRATION FACILITY

Commissioning of phase 1 of E3 Lithium Ltd.'s demonstration facility is under way and on schedule. Phase 1 involves operating the 30-column DLE system and polishing and purification equipment. As previously stated, the objective of phase 1 is to fully operationalize the DLE system and purification units to produce a high-quality lithium chloride, which will support the production of battery-grade lithium carbonate.

Final testing and operational reviews were completed late last week. The first stage of commissioning is the introduction of brine into the DLE system, which occurred over the past weekend. The company expects the initial DLE system to take approximately one week to fully commission, after which the purification units will be initialized and lithium chloride produced from the DLE system will flow through this system, completing the commissioning stages of phase 1. Once both the DLE system and purification units have completed their respective commissioning stages, the demonstration facility will shift to full operations. The main goals of phase 1 are to ensure the equipment is in operating order after assembly, confirm both systems' functionality under real-time operating conditions and produce a high-quality lithium chloride for conversion into battery-grade lithium carbonate.

E3 Lithium has sufficient brine on site to enable the operation of the phase 1 DLE and purification units into early fourth quarter 2025, and the company expects to provide updates as operations progress and results become available.

"The commissioning of phase 1 of our demonstration facility highlights the equipment is in full working order and is an exciting next step for the advancement of this facility," said Chris Doornbos, president and chief executive officer. "The results from phase 1 will ensure that our process is fully optimized and ready for phase 2 of the demonstration facility that is set to begin later this fall."

About E3 Lithium Ltd.

E3 Lithium is a development company with a total of 21.2 million tonnes of lithium carbonate equivalent measured and indicated, as well as 300,000 t lithium carbonate equivalent inferred mineral resources in Alberta and 2.5 Mt LCE inferred mineral resources in Saskatchewan. The Clearwater prefeasibility study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pretax net present value (8 per cent) of $5.2-billion (U.S.) with a 29.2-per-cent internal rate of return and an after-tax NPV (8 per cent) of $3.7-billion (U.S.) with a 24.6-per-cent IRR.

Unless otherwise indicated, Kevin Carroll, PEng, chief development officer, a qualified person under National Instrument 43-101, has reviewed and is responsible for the technical information contained on this news release.

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