E3 Lithium finalizes $4.4 million funding agreement

Mar. 20, 2025 3:55 AM ETE3 Lithium Limited (EEMMF) StockLITBy: Arundhati Sarkar, SA News Editor
(<1min)
  • E3 Lithium (OTCQX:EEMMF) Thursday said that it has executed the contribution agreement for $4.40 million in non-repayable funding from the Critical Minerals Infrastructure Fund.
  • Under the agreement terms, E3 Lithium will receive reimbursement for 50% of eligible expenditures up to the total $4.4 million allocation.
  • The investment will be used to undertake preconstruction work on the necessary transportation and energy infrastructure to develop the Clearwater Project.
  • E3 previously announced on March 3, 2025, conditional approval for up to $4.7 million in funding from CMIF.

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