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 leading direct lithium extraction
("DLE") technology innovator, is pleased to announce that it has
appointed Mr. Jonathan Nielsen as
its Director of Technology, effective July
12, 2021. Mr. Nielsen brings over 30 years of experience and
technical expertise in process development and optimization
specific to base metals and lithium processing technology
development from lab to commercial commissioning.
"We are thrilled to appoint Mr. Nielsen to our management team.
This is a critical function for E3 Metals and Jonathan will guide
the technical development of both the Company's proprietary DLE and
our lithium production processes towards commercialization,"
commented CEO, Chris Doornbos.
"Jonathan's expertise in coordinating scalable operations, R&D,
engineering, and executive management will be well-suited as E3
accelerates towards its goal of producing lithium hydroxide in
Alberta."
Jonathan has held senior roles with several internationally
recognized companies including FLSmidth, an organization providing
sustainable productivity solutions to the global mining and cement
industries to lower costs and reduce environmental impact, where
Jonathan was Director of their Global Hydromet Process Line,
managing several significant roles including base metal and lithium
brine business development, process design, testing, and project
costing. Prior to his time with FLSmidth, Jonathan spent 11 years
with Engitec Technologies (USA
Division) where he held progressively senior roles including; Site
Technology Manager where he worked internationally managing the
scale-up of proprietary hydrometallurgical technologies and plant
commissioning, and ultimately holding the position of Managing
Director where he oversaw all activities and development under the
USA operations. Prior to his
tenure with Engitec, Mr. Nielsen was President & Co-owner of
OEM Solutions from 1999 to 2008 where he grew the business from
start-up to multi-million dollar revenue.
Mr. Nielsen earned a Bachelor of Science in Metallurgical
Engineering from South Dakota School of Mines
and Technology and has been an active member, author and
presenter for the Society for Mining, Metallurgical and Exploration
(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 lithium carbonate
equivalent (LCE) inferred mineral resources1 in
Alberta and an NPV8% on
its Clearwater Lithium Project of USD 1.1
Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR
after-tax1. Through the successful scale up its DLE
technology towards commercialization, E3 Metals' goal is to produce
high purity, battery grade, lithium products. With a significant
lithium resource and innovative technology 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 the University of Alberta
and at GreenCentre Canada.
For more information about E3 Metals, visit
http://www.e3metalscorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chris Doornbos, President &
CEO
E3 METALS CORP.
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1: The Preliminary
Economic Assessment (PEA) of the Clearwater Lithium Project NI
43-101 technical report is effective Dec 21, 2020. E3 Metals has
also released three NI 43-101 Technical Reports providing a total
resource of 7.0Mt LCE. The Clearwater Lithium Project PEA resource
estimate, identifying 2.2Mt LCE (inferred) effective December 21,
2020; the North Rocky Resource Area (NRRA) Technical Report
effective October 27, 2017 identifying 0.9Mt LCE (inferred); and
the Exshaw West Resource Area (EWRA) identifying 3.9Mt LCE
(inferred) dated June 4, 2018. All reports are available on the
Company's website (e3metalscorp.com/technical-reports) and SEDAR
(www.sedar.com)
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Forward-Looking and Cautionary Statements
This news release includes certain forward-looking statements as
well as management's objectives, strategies, beliefs and
intentions. Forward looking statements are frequently identified by
such words 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
opinions 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, fluctuating
commodity prices, the effectiveness and feasibility of emerging
lithium extraction technologies which have not yet been tested or
proven on a commercial scale or on the Company's brine, competitive
risks and the availability of financing, as described in more
detail in our recent securities filings available at www.sedar.com.
Actual events or results may differ materially from those projected
in the forward-looking statements and we caution against placing
undue reliance thereon. 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.