E3 submits Clearwater D56 facility licence application

Mr. Chris Doornbos reports E3 LITHIUM SUBMITS DIRECTIVE 056 FACILITY LICENCE APPLICATION AS NEXT STEP IN CLEARWATER PROJECT DEVELOPMENT E3 Lithium Ltd. has formally submitted an application to the Alberta Energy Regulator (AER) in accordance with Directive 056: Energy Development Applications and Schedules (D56), for its Clearwater project's central processing facility (CPF). "Today, E3 reached a major milestone for our flagship Clearwater project in Alberta, with the submission of the D56 facility licence," said Chris Doornbos, president and chief executive officer of E3 Lithium. "Paired with the EPEA application previously submitted this past November, we are working closely with our local stakeholders through the permitting process, and we appreciate all the feedback we have received on the submission. At full capacity, this one facility could create hundreds of jobs, both on and off site, and the construction is estimated to employ thousands of drillers, pipefitters, welders, machinists, professionals et cetera, all from Alberta's work force." In late 2025, the company submitted its Environmental Protection and Enhancement Act (EPEA) application. The company's submission of the D56 application is submitted in conjunction with the EPEA application, following formal consultation and notification of stakeholders in the area surrounding the CPF initiated in late 2025. These two applications, the central process facility D56 and EPEA, are the critical permits required to build and operate the facility. Additional applications for the wells, pipeline and scheme approval, along with a few others referenced in the company's corporate presentation, will be applied for through the balance of 2026 and together will give E3 the required provincial government authority to construct and operate the CPF. An approved D56 licence will demonstrate that the CPF meets Alberta's safety, environmental and land-use standards and that E3 Lithium has completed meaningful engagement with stakeholders. E3 Lithium continues to progress the development of its Clearwater project, including significant advancements made to its technical, regulatory and commercial plans to date. The company recently delivered battery-grade lithium carbonate to global partners and offtakers, which was made through the demonstration program being conducted within E3's flagship Clearwater project. The company has proposed a staged development plan with a capacity of 12,000 tonnes of lithium carbonate per year as first stage of production. About E3 Lithium Ltd. E3 Lithium is a development company with a total measured and indicated mineral resources of 21.2 million tonnes of lithium carbonate equivalent (LCE) as well as inferred mineral resources of 300,000 tonnes LCE in Alberta. The Clearwater prefeasibility study outlined a 1.13-million-tonne-LCE proven and probable mineral reserve with a pretax net present value (discounted at 8 per cent) of $5.2-billion (U.S.) with a 29.2-per-cent internal rate of return and an after-tax NPV (discounted at 8 per cent) of $3.7-billion with a 24.6-per-cent IRR. We seek Safe Harbor.