E3 LITHIUM LTD (ETL) Financings
TSXV: ETL · Lithium · Advanced Exploration stage
- Market cap$54.1M
- Share price$0.615
- 52-week range$0.560 – $1.35
- Shares outstanding87,964,292
- ExchangeTSXV
- Websitee3lithium.ca
E3 Lithium is a development company with a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV(8%) of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV(8%) of USD 3.7 Billion with a 24.6% IRR 1.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
E3 LITHIUM LTD financial statements
Key figures read from 42 of 42 financial statement filings, Nov 24, 2016 to Aug 20, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$16,315 | C$19,321 | C$30,018 | C$13,249 | C$17,841 |
| Short-term investments | C$611 | — | — | — | — |
| Total current assets | C$20,404* | C$21,250* | C$36,010* | C$18,793* | C$18,329* |
| Total current liabilities | C$6,565 | C$3,143 | C$3,964 | C$1,904 | C$833 |
| Working capital | C$13,839 | C$18,107 | C$32,046 | C$16,889 | C$17,496 |
| Exploration and evaluation assets | C$36,900 | C$27,973 | C$20,777 | C$12,273 | C$4,823 |
| Property, plant and equipment | C$235 | C$372 | C$171 | C$182 | C$60 |
| Total assets | C$63,347 | C$54,968 | C$61,987 | C$36,101 | C$25,991 |
| Debt | — | — | — | — | C$0 |
| Total liabilities | C$7,772 | C$4,240 | C$4,835 | C$2,629 | C$990 |
| Shareholders' equity | C$55,575 | C$50,728 | C$57,152 | C$33,472 | C$25,001 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$83 | — | — | — | — |
| General and administrative | C$5,699 | C$5,637 | C$4,049 | C$2,971 | C$2,021 |
| Share-based compensation | C$2,640 | C$3,000 | C$2,527 | C$1,985 | C$1,761 |
| Net income (loss) | (C$6,197) | (C$9,700) | (C$9,044) | (C$6,944) | (C$4,780) |
Cash flow statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$5,087) | (C$6,678) | (C$5,858) | (C$5,486) | (C$2,845) |
| Investing cash flow | (C$8,465) | (C$10,705) | (C$13,808) | (C$12,707) | (C$3,363) |
| Financing cash flow | C$10,546 | C$6,686 | C$36,435 | C$13,601 | C$17,331 |
| Exploration spending (capitalized) | (C$20,599) | (C$9,673) | (C$13,067) | (C$10,189) | (C$1,946) |
| Proceeds from share issues | C$11,278 | C$0 | C$26,572 | (C$30) | C$7,190 |
| Change in cash | (C$3,006) | (C$10,697) | C$16,769 | (C$4,592) | C$11,123 |
| Cash at end of period | C$16,315 | C$19,321 | C$30,018 | C$13,249 | C$17,841 |
E3 LITHIUM LTD financings
4 financings announced or closed by E3 LITHIUM LTD, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-16 | E3 LITHIUM LTD (ETL) | Private placement, brokered | Closed, 2 tranches | $11.5M | $0.900 | E3 Lithium Announces $8.5 Million Best Efforts Equity Financing |
| 2025-10-07 | E3 LITHIUM LTD (ETL) | Private placement, brokered | Amended | $12.2M | $1.20 | E3 Lithium Announces Marketed Equity Offering for up to $10 Million |
| 2025-03-03 | E3 LITHIUM LTD (ETL) | Private placement | Announced | $4.7M | — | E3 Lithium Receives Up To $4.7 Million Investment from the Government of Canada’s Critical Minerals Infrastructure Fund |
| 2023-09-18 | E3 LITHIUM LTD (ETL) | Private placement, bought deal | Closed, 1 tranche | $23.0M | $3.55 | E3 Lithium Announces $20.0 Million Bought Deal Public Offering |