Mr. Chris Doornbos reports

E3 LITHIUM ANNOUNCES APPOINTMENT OF DIRECTOR OF INVESTOR RELATIONS AND EXPANDS TEAM TO SUPPORT PROJECTS AND OPERATINS

Robin Boschman is moving into the role of director, investor relations and corporate communications of E3 Lithium Ltd. effective immediately. The company is also excited to add Paul Godley to the team as a senior project director responsible for execution of the Clearwater project.

Ms. Boschman has more than 15 years of experience in the energy industry in private and public companies, including more than 10 years in a company acquired by Berkshire Hathaway Energy. Her experience involves leading communications teams and strategies spanning investor relations, media relations, crisis communications, financial communication, employee and stakeholder relations, marketing and public relations, and social investment. She has a bachelor of applied communications in public relations degree from Mount Royal University and a master of business administration from the University of Calgary. Ms. Boschman is also a director of the Battery Metals Association of Canada.

Ms. Boschman will be responsible for managing relationships with the company's investors and stewarding E3 Lithium's capital markets outreach. She will also be responsible for the overall external communications function along with reputation and brand management.

E3 Lithium is also pleased to welcome Mr. Godley to the company in the role of senior director, project execution. Mr. Godley is a professional engineer with nearly 20 years of experience in various projects, governance and engineering roles including leading the design and execution of natural gas and liquids projects. His experience includes more than 12 years at TC Energy where he managed the implementation of more than $5-billion of new capital infrastructure in Canada and the United States. He has an extensive project execution background including experience in regulatory, landowner consultation, stakeholder relations, engineering management, contracts, and contractor management, quality and safety programs.

Mr. Godley will be responsible for executing and delivering E3 Lithium's first commercial facility working closely with the project team currently delivering the prefeasibility study.

"I am very excited to see Robin move into this focused and important role and to welcome Paul to the team," said Chris Doornbos, president and chief executive officer of E3 Lithium. "Robin has demonstrated a clear ability to foster relationships and build structure and strategy in her work to date. We look forward to both Paul and Robin getting started in their new roles and moving the company forward."

As previously outlined in its news release dated Sept. 12, 2023, E3 Lithium engaged Meadowbank Strategic Partners to provide investor relations support services effective Sept. 15, 2023, subject to regulatory approval and in accordance with TSX Venture Exchange policies. Under the agreement, Meadowbank will receive compensation of $5,000 per month for the term of the agreement, the first two months of which was prepaid as a retainer (valued at $10,000). The agreement may be terminated by either party with 30 days notice.

About E3 Lithium Ltd.

E3 Lithium is a development company with a total of 16.0 million tonnes of lithium carbonate equivalent (LCE) measured and indicated and 900,000 tonnes LCE inferred mineral resources in Alberta. As outlined in E3's preliminary economic assessment, the Clearwater lithium project has an NPV (net present value) 8 per cent of $1.1-billion (U.S.) with a 32-per-cent internal rate of return pretax and $820-million (U.S.) with a 27-per-cent IRR after tax. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world.

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