CALGARY, AB, July 8, 2021 / CNW / – E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTC: EEMMF) (the “Company” or “E3 Metals”), an emerging lithium developer and innovative leading lithium direct mining (“DLE”) technology , is pleased to announce that it has appointed Mr. Jonathan nielsen as CTO, efficient July 12, 2021. Mr. Nielsen brings more than 30 years of experience and technical expertise in the development and optimization of specific processes for the development of base metal and lithium processing technologies, from the laboratory to commercial commissioning.
“We are delighted to appoint Mr. Nielsen to our management team. This is a core function for E3 Metals and Jonathan will guide the technical development of the company’s proprietary DLE and our lithium production processes towards commercialization, ”commented the CEO, Chris Doornbos. “Jonathan’s expertise in coordinating scalable operations, R&D, engineering and general management will be well suited to accelerating E3 towards its goal of producing lithium hydroxide in Alberta. “
Jonathan has held leadership positions at several internationally renowned companies including FLSmidth, an organization providing sustainable productivity solutions to the global mining and cement industries to reduce costs and environmental impact, where Jonathan was Director of their global Hydromet processing line, managing several important roles including business development of base metals and lithium brine, process design, testing and project cost assessment. Prior to joining FLSmidth, Jonathan spent 11 years at Engitec Technologies (United States Division) where he held increasingly senior positions, in particular; Responsible for site technology where he worked internationally to manage the scale-up of proprietary hydrometallurgical technologies and plant commissioning, and eventually held the position of General Manager where he oversaw all activities and development under the United States operations. Prior to his tenure at Engitec, Mr. Nielsen was President and Co-Owner of OEM Solutions from 1999 to 2008, where he took the business from a startup to multi-million dollar sales.
Mr. Nielsen received a Bachelor of Science in Metallurgical Engineering from South Dakota School of Mining and Technology and was an active member, author and presenter of the Mining, Metallurgical and Exploration Company (SME) and the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
About E3 Metals Corp.
E3 Metals is a lithium development company with 7.0 million tonnes of inferred lithium carbonate equivalent (LCE) mineral resources1 in Alberta and a NPV8% on its Clearwater Lithium project of $ 1.1 billion with an IRR of 32% before tax and $ 820 million with an IRR of 27% after tax1. Through the successful scale-up of its DLE technology to commercialization, E3 Metals’ goal is to produce high purity, battery grade lithium products. With a significant lithium resource and innovative technological solutions, E3 Metals has the potential to deliver lithium to market from one of the best jurisdictions in the world. E3 Metals also continues to work with partners at University of Alberta and GreenCentre Canada.
For more information on E3 metals, visit http://www.e3metalscorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chris Doornbos, President and CEO
1: The preliminary economic assessment (PEA) of the NI 43-101 technical report for the Clearwater Lithium project is effective December 21, 2020. E3 Metals also released three NI 43-101 technical reports providing a total resource of 7.0 Mt LCE. The PEA resource estimate for the Clearwater Lithium project, identifying 2.2 Mt of LCE (inferred) as of December 21, 2020; the North Rocky Resource Zone (NRRA) technical report effective October 27, 2017 identifying 0.9 Mt of LCE (inferred); and the Exshaw West Resource Area (EWRA) identifying 3.9 Mt of LCE (inferred) dated June 4, 2018. All reports are available on the Company’s website (e3metalscorp.com/technical-reports) and SEDAR (www.sedar.com)
Forward-looking statements and cautions
This press release includes certain forward-looking statements as well as the objectives, strategies, beliefs and intentions of management. Forward-looking statements are frequently identified by words such as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current beliefs and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuation in commodity prices, efficiency and the feasibility of emerging lithium mining technologies that have not yet been tested or proven on a commercial scale or on the Company’s brine, competitive risks and the availability of funding, as further described in our recent securities deposits available on www.sedar.com. Actual events or results may differ materially from those projected in forward-looking statements and we caution against undue reliance on them. We assume no obligation to revise or update these forward-looking statements, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE e3 Metals Corp.
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