E3 Lithium Nominates Tina Craft of Albemarle to Board of Directors, Provides Notice of Annual General Meeting and Staffing Update
June 04 2024 - 3:05AM
Business Wire
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3
Lithium” or the “Company,” a leader in Canadian lithium, has set
the Annual General Meeting (AGM) date to July 16, 2024.
E3 Lithium is also pleased to announce the nomination of Tina
Craft to its Board of Directors, subject to election at the
upcoming AGM. With over 30 years of chemical industry experience,
Ms. Craft has held various leadership roles during her 27-year
tenure at Albemarle Corporation. As Chief Commercial Officer for
the Lithium division, Chief Commercial Officer and Global
Vice-President of Sales for the Bromine division, and most recently
Chief Commercial Officer of Catalyst at Ketjen, a wholly owned
subsidiary of Albemarle, Ms. Craft has spearheaded global growth
strategies for emerging and transitional businesses.
Ms. Craft has also received the prestigious Charlotte Women in
business award in 2019 and has previously served on the Association
of Water Technologies board, Co-chair of AFPM Petrochemical board,
Board member of Electric Drive Transportation Association and Board
member for the Central and Western North Carolina Chapter of
Make-A-Wish as well as founding member of Women Connect a
leadership and development program.
“My fellow directors and myself are extremely excited to
nominate Tina Craft as a director to the board of E3 Lithium,” said
Chris Doornbos, President and CEO. “An initiative launched by E3’s
board a few years ago aimed at diversifying our directorships as we
progressed through the development phases. With the appointment of
Alexandra, Tina and Sonya to our board over the past 12 months, we
have solidified that initiative and broadened the board's
perspective in the automotive industry, the lithium industry and
government and policy. This shift in diversity and expertise among
our new directors will offer critical support to E3 as we advance
towards a commercial lithium project in Alberta.”
Mike O’Hara is retiring from the board of directors effective at
the AGM. As an original director of E3 Lithium since going public
in 2017, E3, the staff and the fellow directors would like to
extend a warm thank you to Mr. O’Hara for his seven years of
service and significant contributions to the Company.
“I would like to thank Mr. O'Hara for his commitment and
insights during his time on the board,” said John Pantazopoulos,
Chairperson of the Board of Directors. "His leadership has been
beneficial in shaping the Company's journey, and he will be missed.
On behalf of the Board of Directors, we wish him all the best in
his retirement.”
AGM Details:
The Annual General Meeting of Shareholders
will be held on Tuesday, July 16, 2024, at 10am. The Notice of the
Meeting information will be distributed shortly to all shareholders
and will also available under the Company's profile on SEDAR +
(www.sedarplus.ca).
E3 Lithium is also pleased to welcome Alexis de la Renaudiere as
the new Investor Relations Coordinator. Mr. de la Renaudiere is an
accomplished professional with extensive experience in leadership,
strategy and public relations. At Peterson Capital, he developed
relationships with institutional investors, fund managers and
market influencers for small and mid-cap companies. Mr. de la
Renaudiere identified and pursued new business opportunities,
managed investor relations, and organized conferences.
Mr. de la Renaudiere will be responsible for managing
relationships with the Company’s investors and stewarding E3
Lithium’s capital markets outreach.
E3 Lithium would like to thank Robin Boschman, Former Director,
Investor Relations and Corporate Communications, for her service
and wish her the best on her future endeavors.
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 16.0 million
tonnes of lithium carbonate equivalent (LCE) Measured and Indicated
and 0.9 million tonnes LCE Inferred mineral resources1 in Alberta.
As outlined in E3’s Preliminary Economic Assessment, the Clearwater
Lithium Project has an NPV8% of USD 1.1 Billion with a 32% IRR
pre-tax and USD 820 Million with a 27% IRR after-tax1. 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 Preliminary Economic Assessment (PEA) for the Clearwater
Lithium Project NI 43-101 technical report is amended Sept 17,
2021. Gordon MacMillan, P.Geol, QP, Fluid Domains Inc. and Grahame
Binks, MAusIMM, QP (Metallurgy), formerly of Sedgman Canada Limited
(Report Date: June 15, 2018, Effective Date: June 4, 2018 Amended
Date: September 17, 2021). The mineral resource NI 43-101 Technical
Report for the North Rocky Property, effective October 27, 2017,
identified 0.9Mt LCE (inferred). The mineral resource NI 43-101
Technical Report for the Bashaw District Project, effective March
21, 2023, identified 16.0Mt LCE (measured & indicated). All
reports are available on the E3 Lithium’s website
(e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).
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.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.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240604148663/en/
E3 Lithium - Investor and Media
Relations Chris Doornbos President & CEO
investor@e3lithium.ca 587-324-2775
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