E3 Lithium Files Third Quarter 2024 Financial Statements and MD&A | EEMMF Stock News

    Date:

    Rhea-AI Impact

    Rhea-AI Sentiment

    Rhea-AI Summary

    E3 Lithium (OTCQX: EEMMF) announced the filing of its Unaudited Condensed Consolidated Interim Financial Statements for the third quarter of 2024 and the accompanying Management’s Discussion and Analysis (MD&A). The company, which focuses on Canadian lithium development, has made these documents available on SEDAR+ and its corporate website.

    E3 Lithium (OTCQX: EEMMF) ha annunciato la presentazione dei suoi Stati Finanziari Consolidadi Intermedi Non Auditati per il terzo trimestre del 2024 e la relativa Discussione e Analisi della Direzione (MD&A). L’azienda, che si concentra sullo sviluppo del litio in Canada, ha reso disponibili questi documenti su SEDAR+ e sul suo sito web aziendale.

    E3 Lithium (OTCQX: EEMMF) anunció la presentación de sus Estados Financieros Consolidados Interinos No Auditados para el tercer trimestre de 2024 y la correspondiente Discusión y Análisis de la Gerencia (MD&A). La empresa, que se centra en el desarrollo del litio en Canadá, ha puesto estos documentos a disposición en SEDAR+ y en su sitio web corporativo.

    E3 Lithium (OTCQX: EEMMF)는 2024년 3분기에 대한 감사받지 않은 간결한 통합 재무 제표 및 경영진의 토론 및 분석(MD&A) 제출을 발표했습니다. 캐나다 리튬 개발에 중점을 두고 있는 이 회사는 SEDAR+ 및 기업 웹사이트에서 해당 문서를 제공했습니다.

    E3 Lithium (OTCQX: EEMMF) a annoncé le dépôt de ses états financiers condensés intermédiaires non audités pour le troisième trimestre de 2024 ainsi que l’analyse et la discussion de la direction (MD&A) qui les accompagne. L’entreprise, qui se concentre sur le développement du lithium au Canada, a rendu ces documents disponibles sur SEDAR+ et sur son site web d’entreprise.

    E3 Lithium (OTCQX: EEMMF) hat die Einreichung seiner ungeprüften verkürzten konsolidierten Zwischenfinanzberichte für das dritte Quartal 2024 und die begleitende Diskussion und Analyse des Managements (MD&A) bekannt gegeben. Das Unternehmen, das sich auf die Lithium-Entwicklung in Kanada konzentriert, hat diese Dokumente auf SEDAR+ und seiner Unternehmenswebsite bereitgestellt.

    CALGARY, Alberta–(BUSINESS WIRE)– E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, today filed its Unaudited Condensed Consolidated Interim Financial Statements for the Third quarter of 2024 and the accompanying Management’s Discussion and Analysis (“MD&A”) on its SEDAR+ profile at www.sedarplus.ca. The financial statements and MD&A will also be available on E3 Lithium’s website at www.e3lithium.ca.

    ON BEHALF OF THE BOARD OF DIRECTORS
    Chris Doornbos, President & CEO
    E3 Lithium Ltd.

    About E3 Lithium

    E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources2 in Alberta and 2.5 million tonnes LCE Inferred mineral resources3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR1. 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.

    1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium’s website (https://e3lithium.ca/our-assets/technical-reports/) and SEDAR+ (www.sedarplus.ca).

    2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).

    3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).

    Unless otherwise indicated, Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under National Instrument 43-101, has reviewed and is responsible for the technical information contained on this news release.

    Forward-Looking and Cautionary Statements

    This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions or forward-looking information within the meaning of applicable securities laws. Forward-looking statements are frequently identified by such words as “believe”, “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “project”, “potential”, “possible” and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the PFS, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the estimated mineral resources and mineral resources at the Clearwater Project; expectations regarding the PFS, including statements regarding the results of the PFS and interpretations thereof; expectations concerning the Clearwater Project, including extraction, production, pretreatment, purification, volume reduction and conversion process and features and the expected outcomes thereof; the expected economic performance of the Clearwater Project, including capital costs, operating costs, water usage, land use and carbon emissions; statements regarding the Company’s strategy for minimizing environmental impact and liquid waste and maximizing water reuse, with no planned tailings or waste piles; the potential for a secondary revenue stream should the Company be able to sell the calcium carbonate generated during the production of lithium hydroxide; plans and objectives of management for the Company’s operations and the Clearwater Project; and the inherent hazards associated with mineral exploration and mining operations. In preparing the forward-looking information in this news release, the Company has applied several material assumptions, including, but not limited to, that any additional financing needed will be available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent with the Company’s expectations; that the current exploration, development, environmental and other objectives concerning the Clearwater Project can be achieved and that its other corporate activities will proceed as expected; that the current price and demand for lithium will be sustained or will improve; that general business and economic conditions will not change in a materially adverse manner and that all necessary governmental approvals for the planned activities on the Clearwater Project will be obtained in a timely manner and on acceptable terms; the continuity of the price of lithium.

    All forward-looking information (including future-orientated financial 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, risks related to the availability of financing on commercially reasonable terms and the expected use of proceeds; operations and contractual obligations; changes in estimated mineral reserves or mineral resources; future prices of lithium and other metals; availability of third party contractors; availability of equipment; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; the Company’s lack of operating revenues; currency fluctuations; risks related to dependence on key personnel; estimates used in financial statements proving to be incorrect; competitive risks and the availability of financing, as described in more detail in our recent securities filings available under the Company’s profile on SEDAR+ at www.sedarplus.ca. 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.

    E3 Lithium – Investor and Media Relations

    Alexis de la Renaudiere

    Investor Relations

    investor@e3lithium.ca

    587-324-2775

    Source: E3 Lithium Ltd.

    FAQ

    When did E3 Lithium (EEMMF) file its Q3 2024 financial statements?

    E3 Lithium filed its Q3 2024 unaudited financial statements and MD&A as announced in their latest press release.

    Where can investors access E3 Lithium’s (EEMMF) Q3 2024 financial documents?

    Investors can access E3 Lithium’s Q3 2024 financial statements and MD&A on SEDAR+ (www.sedarplus.ca) and the company’s website (www.e3lithium.ca).

    Go Source

    Chart

    SignUp For Breaking Alerts

    New Graphic

    We respect your email privacy

    Share post:

    Popular

    More like this
    Related

    November 2024 Highlights from the IBKR Quant Blog

    Your Privacy When you visit any website it may use...

    Wall Street Loves Its Own

    Your Privacy When you visit any website it may use...

    Weekly Market Recap: November 25, 2024

    Thought of the Week While holiday spending is projected by...

    Growth of U.S. Equities Volumes and Rise of Retail

    U.S. equities market share dynamics have evolved significantly in...