Tuesday, March 22, 2022
11:01 AM EST – E3 Metals Corp. : Announced the receipt of $0.5 million from Alberta Innovates as a result of completion of the Company’s lab pilot prototype development. The Company announced the successful progressive scale-up of its DLE technology earlier in October 2021 and the results of the first round of tests in January 2022 . To receive this funding, Alberta Innovates reviews the development and progress report on Milestone 1; the successful construction and operation of a lab-based pilot prototype. Including this tranche, E3 Metals has received $1.1 million to date of the $1.8 million grant. The final milestone payment for the Company is to design, construct, commission and operate a field pilot plant and is subject to approval by Alberta Innovates. E3 Metals Corp. (V.ETMC) shares were up 10 cents at 2.33.
Stocks in Play: E3 Metals Corp., Tue, 22 Mar 2022 11:12:07 EST