Lithium BrinesIn Alberta | July 2017

Forward Looking StatementsDisclaimer For Forward-Looking Information

This presentation contains forward-looking statements regarding E3 Metals Corp (“E3 Metals”) and the potential of its current and future projects. Generally, forward-looking statements can be identified by the use of forward-looking language such as “plans”, “expects”, “budgets”, “schedules”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, or variations of such words and phrases, and statements that certain actions, events or results “may”, “could”, “would”, “might” ,“will be taken”, “will occur” or “will be achieved”. Forward-looking statements are based on the opinions and estimates of E3 Metals as of the date such statements are made.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of E3 Metals to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to, risks related to: E3 Metals’s ability to effectively implement its planned exploration programs; unexpected events and delays in the course of E3 Metals’s exploration and drilling programs; changes in project parameters as plans continue to be refined; the ability of E3 Metals to raise the capital necessary to conduct its planned exploration programs and to continue exploration on its properties; the failure to discover any significant amounts of lithium or other minerals on any of E3 Metals’s properties; the fact that

E3 Metals’s properties are in the exploration stage and exploration and development of mineral properties involves a high degree of risk and few properties which are explored are ultimately developed into producing mineral properties; the fact that the mineral industry is highly competitive and E3 Metals will be competing against competitors that may be larger and better capitalized, have access to more efficient technology, and have access to reserves of minerals that are cheaper to extract and process; the fluctuations in the price of minerals and the future prices of minerals; the fact that if the price of minerals deceases significantly, any minerals discovered on any of E3 Metals’s properties may become uneconomical to extract; the 0continued demand for minerals and lithium; that fact that resource figures for minerals are estimates only and no assurances can be given than any estimated levels of minerals will actually be produced; governmental regulation of mining activities and oil and gas in Alberta and elsewhere, including regulations relating to prices, taxes, royalties, land tenure, land use, importing and exporting of minerals and environmental protection; environmental regulation,

which mandate, among other things, the maintenance of air and water quality standards and land reclamation, limitations on the general, transportation, storage and disposal of solid and hazardous waste; environmental hazards which may exist on the properties which are unknown to E3 Metals at present and which have been caused by previous or existing owners or operators of the properties; reclamation costs which are uncertain; the fact that commercial quantities of minerals may not be discovered on current properties or other future properties and even if commercial quantities of minerals are discovered, that such properties can be brought to a stage where such mineral resources can profitably be produced therefrom; the failure of plant or equipment processes to operate as anticipated; the inability to obtain the necessary approvals for the further exploration and development of all or any of E3 Metals’s properties; risks inherent in the mineral exploration and development business; the uncertainty of the requirements demanded by environmental agencies; E3 Metals’s ability to hire and retain qualified employees and consultants necessary for the exploration and development of any of E3 Metals’s properties and for the operation of E3 Metals’s business; and other risks related to mining activities that are beyond E3 Metals’s control.

Although E3 Metals has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements in this presentation, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this presentation. E3 Metals does not undertake to update any forward-looking statements except in accordance with applicable securities laws.

Chris Doornbos (P.Geo), President, CEO and a Director of E3 Metals Corp., is a Qualified Person as defined by National Instrument 43-101 and has read and approved the technical information contained in this presentation.

Petro-Lithium

• Extremely Large Reservoir Enriched with Lithium

• High Production Rates from Existing Infrastructure

• Poised to Generate a Mineral Resource this Fall

• Low Cost Sampling Program Ongoing

Creating Shareholder Value

• Supply/demand gap due to the increase in the Lithium-Ion Battery Market, still growing

• The right expertise moving the project forward, management team and advisors

• Strong share price performance demonstrated by peers

• Extraction technology readily available

Our Development Phase 1 goal is to deliver a globally significant lithium project of circa 20,000t of LCE/year; with expansion potential

E3 Metals Corp – Evolution of EnergyOverviewE3 MetalsA Company on the Move

A New Petro-Lithium Opportunity

• Demand expected to increase 65% by 2020*

• Continual shift by automakers towards electric vehicles

increases expected demand beyond projections

• Large scale battery projects, such as Los Angeles and

Adelaide, and medium scale battery development, such

as house and office, not included in demand projections

The growth and demand of lithiumLithiumAn Expanding Market

• Supply response slow as new projects go

through the development phases

• Majority of production is from Salars that

take 18-24 months to produce a product

Strong demand side growth

Limited supply response*Source: Canaccord and Roskill

ALBERTA LITHIUM PROJECT

CALGARY

ALBERTA

UNITED STATES

SASKATCHEWANBRITISHCOLUMBIA

SEATTLE

VANCOUVER

The advantage of Petro-Lithium in Alberta• Relatively low risk; potential to be developed more efficiently

• Significantly less capital required for exploration and development

• Shorter pathway to commercialization with less exploration required

• Wells are in place; well and fluid production database is readily accessible

• Producing wells currently generate over 98% Petro-Lithium brine over most of E3’s permit areas

• Emerging extraction processes deliver lithium directly from brine, no evaporation ponds

• 10km north of the Calgary international airport

• Road, rail and power readily available across E3’s permit area

• Exploration and extraction methodology employed in Alberta

in the oil and gas industry, not reinventing the wheel

Petro-LithiumA Premier Lithium Source

Petro-Lithium in AlbertaAlberta Lithium Project

• Technical team is working towards generating a

compliant mineral resource for release fall 2017.

• Lithium exists in the formation water within the

World-Renowned Leduc Reef Trend

• E3 holds 570,000 ha (1.4M acres) of Leduc Reef

Trend in Alberta

• Petro-Lithium brines in Alberta are relatively low

risk and low cost

• Sampling program currently underway

• The industry in Alberta is 100% serviceable for E3

Metals and currently underutilized

• The entire project is located in easily accessible

areas just north of Calgary with available roads,

rail and power.

E3’s Alberta Lithium ProjectsAlberta Lithium Project

• Contains 22 currently producing oil and gas

fields nearing the end of their oil production

life-cycle; over 95% water cut

• The Leduc contains billions of litres of water

that can be produced at rates between

5,000m3/day and 20,500m3/day from a single

vertical well.

• Petro-Brine has been tested as high as

135mg/L in the Leduc Reservoir and ranges

from 50mg/L in to 135mg/L across the

Devonian stratigraphy

• In ground expenditure of $5.00/ha for 2 years

Project Highlights:

Each Project Area has the potential to deliver the

quantity of lithium enriched brine required to

deliver a globally significant lithium project of

circa 20,000t of LCE

Strategically Selected; 570,000ha of lithium permits in the Leduc Reef Trend

*Lithium Carbonate Equivalent (LCE) is derived by multiplying

the lithium metal content by a factor of 5.323 and is the

generally accepted method for expressing the value of lithium

050001000015000200002500030000350004000045000

0 50 100 150 200 250

Pressure(kPa)

FlowRate(L/s)

FlowRatevs.Pressure

Why the Leduc Reservoir? Superior Quality & Deliverability

Alberta Leduc (E3 Metals)

Clayton Valley (Pure Energy)

Depth to Top of Aquifer 2000-4000 m 175-500 m

Expected Pressure (kPa) 12,000-40,000 kPa 1,400-4,500 kPa

Expected Flow Rates 58-230 L/s (1)

(5,000-20,000 m3/d)2-5 L/s (2)

(170-430 m3/d)

1E3 Metals NI 43-101: May, 20172Pure Energy NI 43-101 PEA: Aug, 2017

E3’s LeducReef Trend

Clayton Valley

Alberta Lithium Project

Available infrastructure includes wells that could be used for sampling and production

Re-Inventing Oil Infrastructure

• Over 300 available for sampling

over the project area

• Operator interest in collaboration

for sampling and infrastructure

Wells

• Each well is tied to a central facility

via underground pipelines

Underground Pipelines

• Oil and gas is separated from the

waste water at centralized facilities

• Oil and gas sold to the market

• Water is pumped back into the

reservoir

Central Water Separation Facility

• Alberta has an under-utilized work

force with the skills necessary to

assist E3 Metals

Service Contractors

Bolt on to the current oil and gas infrastructure

Existing Oil/Gas/ Water Separation Facilities are:

• Connected to the main power grid

• Accessible by a service road

• Located proximal to major highways and main rail lines.

The brines within the Alberta Lithium Project area

have yet to be tested with a Lithium Process

Technology

Re-Inventing Oil Infrastructure

Processing technologyRe-Inventing Oil Infrastructure

• Continual developments as companies

enter the lithium extraction technology

space

• Extraction process timeframe expected to

be 48 hours to produce a lithium product

• Pure energy PEA outlines Tenova

Advanced Technologies processing

technology will extract lithium directly from

brines

• Operating and capital costs outlined within

the Pure Energy PEA are reasonable for E3

Metals’ process

Feature *PureEnergy

Tenova

CurrentEvaporative

Process

TotalCAPEX $130M~$150M $230M~$250M

TotalOPEX $$3,651.61$/tonne LCE

$1500$/tonne LCE

ProcessTime Days toWeeks 18 Months

Recovery Greaterthan90% Between 30%and60%

* Pure Energy PEA June 15, 2017

Only a conceptual review of the the brines from the

Alberta Lithium Project area has been completed

by Tenova, the brines within the project area have

yet to be tested with a Lithium Process Technology

Development PlanRe-Inventing Oil Infrastructure

• Phase 1 Sampling – Active

Wells

• Geological Investigation of

Lithium and Source Rocks

• Develop Reservoir Model

• Complete 43-101 Compliant

Resource

Initial Mineral Resource FALL 2017

• Phase 2 Sampling –Suspended

Wells

• Extraction Testing at Various

Technology Companies

• U of A Concentrate Refinement

and Verification

Expanding Mineral Resource and Developing Extraction TechnologyEARLY TO MID-2018

• Pilot Scale Extraction Testing

• Continued Sampling of

Preferred Field

• Swab Testing

• Define Mineral Reserve

• Complete PFS

Defining a Mineral Reserve and Construction of Pilot Plant 2018-2019

1 2 3

Mature Industry –Rapid Development

Investing in E3 Metals

Junior lithium company comparisons

• Market value is created through the completion of a NI 43-101 Mineral Resource

• E3 plans to complete the initial mineral resource over the fall of 2017

Market Cap vs Lithium Resource

E3 Metals Corp*DataasofSept15,2017

• A minimum $25M market

cap attracted by the

smallest comparable

lithium resource

• Market cap growth of non-

resource companies with

time and technology

development

E3 Metals – Market Growth

GrowthPotential

ManagementThe E3 Metals Team

Chris Doornbos, P.Geo

President | CEO | DirectorSeasoned industry professional focused on managing and developing junior exploration companies in Canada and across the globe.

Debbie Lew, CPA CGA

Chief Financial OfficerCertified General Accountant & Certified Professional Accountant with over 10 years of public corporate finance experience

Liz Lappin, P.Geo

Exploration ManagerProfessional Geologist with over 14 years experience in Alberta’s Energy industry working for some of Canada’s largest oil and gas producers

The E3 Metals Team

DirectorsThe E3 Metals Team

Mike O’Hara, P.Eng

• Professional Engineer founding and developing growth oriented companies

• Managing resource and technology businesses and capturing shareholder value

Jeremy Read, MAusIMM

• Professional Geophysicist developing junior minerals companies and managing large capital fundraising

• Backbone of discovering and developing large projects with international miners

Peeyush Varshney, LL.B

• Industry executive and corporate advisor

• Founding and funding mineral exploration companies in Vancouver

Paul Reinhart• Early stage project

financing and startup advisor

• Developing successful business from the early stages

The E3 Metals TeamThe E3 Metals Team

E3 Metals Advisory BoardThe E3 Metals Team

Alex RothwellAlex has over 20 years experience in the capital markets across a broad range of industries, having most recently served as President and Head of Equities for Macquarie Capital Markets Canada. Prior to Macquarie, he was a Senior Managing Partner and the Head of Institutional Sales at Orion Securities and a specialist advisor for Bunting Warburg. Over the course of his career he has developed a deep knowledge of, and connections to, the global network of mutual funds and pension fund investors that are active in Canadian equity markets.

Jean CroteauAfter beginning his career in auditing at Deloitte Touche, Jean Croteau has honed his acumen in the financial markets since 1986 as a portfolio manager and financial analyst in various positions held at large Canadian financial institutions in Toronto and Montreal. Now semiretired, his focus is on investing privately; mostly in the resource sector which remains his true passion. Jean also has an in-depth knowledge of the global macroeconomic and geopolitical backdrops and their incidence on the financial markets. He currently also sits on the Advisory Board of NewrangeGold Corp., where he provides advice on financial, market and corporate strategy.

Kevin ReinhartKevin was part of the executive team for 20 years at Nexen, a publicly listed major upstream oil and gas company with an enterprise value of over $20 billion. As CEO, he led the assessment and negotiation of the sale of the company to a Chinese state-owned enterprise (CNOOC Limited) on behalf of shareholders in 2013.

The E3 Metals TeamThe E3 Metals Team

E3 MetalsA Company on the Move

• Opportunity to repurpose existing oil infrastructure, developing lithium resources at a low cost

• Development Phase 1 goal is to deliver a globally significant lithium project of circa 20,000t of LCE/year; with

expansion potential

• Strategic acquisition of additional prospective ground

• Investigating the co-generation potential of geothermal power

Longer term shareholder value creation strategy

The Evolution of Energy in Alberta

• Well qualified and recognized management team

• Lithium rights to over 570,000ha of prospective world class Leduc Reef Trend

• Demonstrated ability to cooperate with oil and gas operators

• On track to deliver a maiden NI 43-101 compliant lithium resource estimate by year end 2017

• Established relationships with leading extraction process technology companies

• Tight share structure and very compelling early stage valuation

E3 is at the Forefront of the Petro-Lithium Revolution

E3 Metals Corp

205 – 227 10th St NW

Calgary, AB T2N 1V5 CANADA

P: +1 587 324 2775

E: info@e3metalscorp.com

W: www.e3metalscorp.com

Chris DoornbosPresident | CEO | Directorchris@e3metalscorp.com

Corporate DetailsCorporate Details

Debbie LewCFOdebbie@e3metalscorp.com

Registered Office

400 – 725 Granville Street

Vancouver, BC V7Y 1G5 CANADA

• TSXV: ETMC

• Share Price: $0.42

• Shares Outstanding: 15.4M

• Market Cap: $6.4M

Capital Structure*

E3 MetalsA Company on the Move

*DataasofSept15,2017