E3 Metals Corp.

09:56 AM EST - E3 Metals Corp. : Announced an update on the development of its Direct Lithium Extraction ("DLE") technology. The E3 Metals' technical experts, who have been working directly with the Livent technical team, continue to work towards completing the process design work of our wholly owned and proprietary DLE technology. The team is in the advanced stages of material synthesis and continuing the flow system design and testing work already underway. A flow system simulates a real-world environment and is the precursor to a future field-based pilot plant. In addition, the flow testing will help to develop a greater understanding of the process operating conditions of the DLE technology. These operating conditions will outline what the process will look like in a pilot plant environment, and in turn, a commercial facility. This flow test work brings together multiple improvements made to the process and sorbent over the last year, just a few of which are more particularly described in our news releases dated March 11, 2020 and November 3 , 2020. E3 Metals Corp. shares V.ETMC are trading up 3.45 percent at $0.90.