Nov 26 (Reuters) - E3 Metals Corp ETMC.V :
* LIVENT OPTS OUT OF THE JOINT DEVELOPMENT PROJECT DUE TO RESOURCE AND CAPITAL CONSIDERATIONS
* SAYS FMC LITHIUM USA CORP. ("LIVENT") HAS DECIDED TO OPT OUT OF THE JOINT DEVELOPMENT AGREEMENT IN PLACE BETWEEN THE TWO ORGANIZATIONS
* E3 METALS WILL CONTINUE TO DEPLOY THE DIRECT LITHIUM EXTRACTION (DLE) TECHNOLOGY AS PLANNED
* E3 METALS-AS SPECIFIED IN JOINT DEVELOPMENT AGREEMENT WITH LIVENT, ALL LICENSES AND RIGHTS TO TECHNOLOGY WILL BE RETAINED AND RETURNED ENTIRELY TO E3
* E3 METALS WILL NO LONGER BE OBLIGATED TO ISSUE LIVENT 19.9% OF ITS SHARE CAPITAL