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Elektros Advances Sierra Leone Lithium Project Amidst Key Developments

SUNNY ISLES BEACH, FL / ACCESSWIRE / September 3, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a leading innovator in electric mobility, today announced significant progress on its Sierra Leone lithium project, signaling a robust acceleration of its operations.

The company has successfully filed for critical licenses and permits, underlining its commitment to adhering to regulatory standards and maintaining sustainable mining practices. Reflecting its strong operational momentum, Elektros has initiated site preparation activities at its Southern Sierra Leone mining site, marking a pivotal step forward in the project's timeline. Simultaneously, Elektros has laid the groundwork for comprehensive shipping and transportation logistics to help facilitate the efficient distribution of lithium aggregate.

"We are excited to be moving forward with the Sierra Leone lithium project," said Elektros CEO, Shlomo Bleier. "Our team has been working diligently to ensure we meet all regulatory requirements and begin production as quickly and efficiently as possible. This project represents a significant opportunity for Elektros to contribute to the growing demand for lithium and support the global transition to electric vehicles."

With the electric vehicle industry continuing to experience rapid growth, the demand for lithium is set to surge. Elektros is strategically positioned to leverage this demand, offering potential value to shareholders while contributing to the global shift towards sustainable energy solutions.

About Elektros, Inc.

Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy

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Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

Elektros, Inc. IR and Media Inquiries
Email: ElektrosInc@gmail.com

SOURCE: Elektros, Inc.



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