E3 Metals Corp. has announced that it has met the requirements to become eligible for the depository and book-entry services of The Depository Trust Company (DTC) in the United States. E3 Metals trades on the OTC in the United States under the symbol: EEMMF.
DTC eligibility allows investors to trade and hold E3 Metals shares electronically. The benefit to investors is a more streamlined and efficient method to digitally transfer E3 Metals shares for those residing in the United States. Underwriters, brokers and other market players that are DTC participants can use the service to effect the purchase or sale of E3’s common shares through DTC’s automated processes. In addition, firms that are not direct participants but maintain a clearing relationship with a DTC participant can use the service as a correspondent.
“The Company remains fully reporting to the TSX Venture Exchange which provides a high degree of compliance and oversight; the DTC eligibility is a starting point for E3 Metals to trade more effectively in the United States,” commented E3 Metals CEO, Chris Doornbos. “E3 continues to lead the charge in developing a lithium project for the growing electrification revolution. This project designed and built by the experts in Alberta on the backbone of the oil and gas industry. We have a 100% owned globally significant lithium resource base and working in partnership with one of the leading global experts in lithium production and product quality. We are developing a company-owned extraction technology, design for purity, that is leading the charge in the future of lithium production across the globe.”
About E3 Metals Corp.
E3 Metals is a lithium development company with 6.7 million tonnes lithium carbonate equivalent (LCE) inferred mineral resources1 in Alberta, Canada. E3 Metals is currently advancing its proprietary Ion Exchange Direct Lithium Extraction Process (DLE Process) in partnership with Livent Corporation under a Joint Development Agreement. Livent is the world’s largest pure-play lithium producer, well-known for being one of the lowest cost producers of lithium carbonate. With facilities across the globe, Livent holds technical expertise in the extraction and production of various lithium products. E3 Metals also continues to work with partners at the University of Alberta and at GreenCentre Canada.