investors

Large reservoir that could Produce brine for decades. Brine production rates up to 10,000m3 per day or 115 L/s

· Advancements in Lithium-ion batteries have enabled the growth of vehicle electrification and battery storage systems

· This movement to electrification has created a projected supply-demand gap, estimated to be approximately 600,000 tonnes/year LCE by 2025

· Supply forecast generally show a strong price appreciation over this time

E3’s Own Ion-Exchange technology
· Concentrates lithium from 75mg/L to 1206mg/L
· Removes over 99% of the impurities
· Greater than 80% recovery
· Directly scalable to production goals

· Existing Infrastructure and highly skilled industry professionals

· E3’s Ion-Exchange is likely to integrate seamlessly with existing lithium production technology

Alberta has a stable and mature regulatory regime
· Very supportive of economic diversification opportunities given the low price of hydrocarbons
· E3 will leverage Alberta’s existing infrastructure and know-how, while setting a global standard for environmental performance in lithium production

· E3’s development approach to repurpose existing oil & gas infrastructure could minimize land and biodiversity impacts

· Expected lower GHG production compared with competing global lithium supplies from hard rock mining and evaporative salars

Confluence of market demand and government policy promoting a clean energy transition in Canada and Alberta

With our stable regulatory regime and extremely large resource, E3 offers a reliable long-term supply for customers

With the existing infrastructure in combination with E3’s ion-exchange process, the project has the potential to scale quickly from an initial production to expanded production

· Actual project costs to delineate inferred resources are some of the lowest in the industry at $0.18 per tonne LCE

· E3 has and continues to conduct exploration without the requirement of drilling wells

Legacy Oil and gas operators see long term opportunity amidst declining oil and gas production to create new value with E3’s lithium brine

With water temperatures in the Leduc formation of 70-100°C, the resource boasts geothermal energy that can be leveraged to reduce the energy requirements of our process