22:55:54 EDT Sun 20 Sep 2020
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or Name

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E3 Metals Corp
Symbol ETMC
Shares Issued 30,477,400
Close 2020-04-07 C$ 0.32
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E3 Metals achieves DTC eligibility in U.S.

2020-04-07 06:51 ET - News Release

Mr. Chris Doornbos reports


E3 Metals Corp. has met the requirements to become eligible for the depository and book entry services of the Depository Trust Company (DTC) in the United States. E3 Metals trades on the OTC in the United States under the symbol EEMMF. DTC eligibility allows investors to trade and hold E3 Metals shares electronically. The benefit to investors is a more streamlined and efficient method to digitally transfer E3 Metals shares for those residing in the United States. Underwriters, brokers and other market players that are DTC participants can use the service to effect the purchase or sale of E3's common shares through DTC's automated processes. In addition, firms that are not direct participants but maintain a clearing relationship with a DTC participant can use the service as a correspondent.

"The company remains fully reporting to the TSX Venture Exchange, which provides a high degree of compliance and oversight; the DTC eligibility is a starting point for E3 Metals to trade more effectively in the United States," commented E3 Metals chief executive officer, Chris Doornbos. "E3 continues to advance development of our lithium project for the growing electrification revolution. This project is designed and will be built by the experts in Alberta on the backbone of the oil and gas industry. We have a 100-per-cent-owned, globally significant lithium resource base and we are working in partnership with one of the leading global experts in lithium production and product quality. We are developing a company-owned extraction technology, designed for purity, that is leading the charge towards the future of lithium production across the globe."

About E3 Metals Corp.

E3 Metals is a lithium development company with 6.7 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources (1) in Alberta. E3 Metals is currently advancing its proprietary ion exchange direct lithium extraction process (DLE process) in partnership with Livent under a joint development agreement. E3 Metals also continues to work with partners at the University of Alberta and at GreenCentre Canada.

Chris Doornbos (PGeo), CEO and director of E3 Metals, is a qualified person as defined by National Instrument 43-101 and has read and approved the technical information contained in this announcement.

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