E3 Lithium Ltd. (ETL.WT) Warrant
Each ETL.WT warrant gives the holder the right to buy 1 share of E3 Lithium Ltd. at C$1.50 per share, until October 14, 2028. The stock last closed at C$0.64, below the strike, so the warrant is out of the money. E3 Lithium Ltd. has a market value of about C$56.30M. There are 100.71M listed warrants; exercising all of them would add 114.5% to the 87.96M shares outstanding.
ETL vs strike, last 12 months
No share-price history for ETL yet.
Key terms
- Strike per share
- C$1.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- C$1.50
- Expiry
- 2028-10-14
- Redemption trigger
- none stated
- Cashless exercise
- —
- Acceleration clause
- none
- Break-even stock price
- C$1.60
From the issuer's filing.
Company and stock
- Company
- E3 Lithium Ltd.
- Underlying stock
- ETL
- Share price
- C$0.64
- Market cap
- C$56.30M
- Shares outstanding
- 87.96M
- Value of all listed warrants
- C$10.57M (18.8% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-10-03).
Model value vs price Pro
- Model value
- Last price
- C$0.1050
- Price / model
Get Pro to see whether ETL.WT is cheap or rich against our model.
Dilution
- Shares outstanding
- 87.96M
- Listed warrants
- 100.71M
- Dilution if all exercised
- 114.5%
Warrant count from TMX listing data (listed warrants).
Filings and events
Questions about ETL.WT
When does the ETL.WT warrant expire?
ETL.WT expires on October 14, 2028.
What is the strike price of ETL.WT?
C$1.50 per share; each warrant converts into 1 share, so exercising one warrant costs C$1.50.
Can E3 Lithium Ltd. redeem the ETL.WT warrants early?
The source filing we read lists no stock-price redemption trigger.
How many ETL.WT warrants are outstanding?
100.71M listed warrants, equal to 114.5% dilution if all are exercised.