E3 Lithium Grants Stock Options

About this update from E3 Lithium Ltd

[{"type":"text","content":"\n \n \n \n E3 Lithium Grants Stock Options\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n June 27, 2022\n \n \n /CNW/ - E3 Lithium (TSXV: ETMC) (FSE: OU7A) (OTCQX: EEMMF) (the \"\n \n Company\n \n \" or \"\n \n E3\n \n \"),\n \n Alberta's\n \n leading lithium developer and Direct Lithium Extraction (DLE) technology innovator is pleased to announce grant of 1,810,000 incentive stock options (the \"\n \n Options\n \n \") with an exercise price of\n \n $2.67\n \n per Option to certain directors, officers and employees of the Company under its stock option plan. The year end annual grant was postponed due to the material news release on\n \n June 23, 2022\n \n . All Options vest 25% per year and are exercisable until\n \n June 24, 2027\n \n . The grant of the Options is subject to approval by the TSX Venture Exchange.\n \n \n \n \n About E3 Lithium\n \n \n \n \n E3 Lithium is a development company with 7.0 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources\n \n 1\n \n in\n \n Alberta\n \n and an NPV8% on its Clearwater Lithium Project of\n \n USD 1.1 Billion\n \n with a 32% IRR pre-tax and\n \n USD 820 Million\n \n with a 27% IRR after-tax\n \n 1\n \n . Through the successful scale up its DLE technology towards commercialization, E3 Lithium's goal is to produce high purity, battery grade lithium products. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best juri...

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