Business
E3 Metals Graduates to Tier 1 of TSX Venture Exchange
E3 Metals Graduates to Tier 1 of TSX Venture Exchange Canada NewsWire ...
About this update from E3 Lithium Ltd
[{"type":"text","content":"\n \n \n \n E3 Metals Graduates to Tier 1 of TSX Venture Exchange\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Aug. 16, 2021\n \n /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 the Company has received approval to graduate to the Tier 1 of the TSX Venture Exchange (\"TSXV\").\n \n \n By graduating to the TSXV's top tier under the Mining industry segment, E3 Metals will benefit from improved service standards, reduced compliance obligations and increased access to institutional investors. The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources, with Tier 1 being the premier tier and reserved for the TSXV's most advanced issuers with the most significant financial resources.\n \n \n \"We are pleased to become a Tier 1 issuer,\" commented E3 Metals' CEO,\n \n Chris Doornbos\n \n . \"This graduation is yet another milestone for us and a signal to the market of how far we have come.\"\n \n \n \"As we continue our growth plans this year it is important for us to remain committed to ensuring our visibility as a publicly traded company continues to enhance. We believe the graduation will provide us with greater access to investors and generate additional awareness,\"\n \n Chris Doornbos\n \n added.\n \n \n \n About E3 Metals Corp.\n \n \n \n E3 Metals is a lithium 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 Metals' goal is to produce high purity, battery grade, lithium p...