LEWISVILLE, Ark., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Smackover Lithium, a 55:45 owned Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) and Equinor (“Equinor”), is pleased to announce unanimous approval from the Arkansas Oil and Gas Commission (“AOGC”) for its Integration Application for the Reynolds Brine Unit where the initial commercial phase of the JV’s flagship South West Arkansas Project (the “Project” or “SWA Project”) is planned to be d ...

Core Insights - Standard Lithium Ltd. is a near-commercial lithium mining company with two large-scale prospective mining projects in the US expected to achieve commerciality within the next few years [1] Company Overview - Standard Lithium Ltd. operates in the lithium mining sector, focusing on large-scale projects that are anticipated to become commercially viable soon [1] Market Position - The company is positioned in a growing industry, with increasing demand for lithium driven by the electric vehicle and renewable energy sectors [1]

Core Insights - Standard Lithium Ltd. is a near-commercial lithium mining company with two large-scale prospective mining projects in the US expected to achieve commerciality within the next few years [1] Company Overview - Standard Lithium Ltd. operates in the lithium mining sector, focusing on large-scale projects that are anticipated to become commercially viable soon [1] Market Position - The company is positioned in a growing industry, with increasing demand for lithium driven by the electric vehicle and renewable energy sectors [1]

Core Points - Standard Lithium Ltd. has successfully closed a public offering of 29,885,057 common shares at a price of US $4.35 per share, raising approximately US $130 million in gross proceeds [1][2] Group 1: Offering Details - The offering was led by a syndicate of underwriters including Morgan Stanley and Evercore ISI, with additional participation from BMO Capital Markets, Canaccord Genuity, Raymond James, Roth Capital Partners, and Stifel [2] - The underwriters have an option to purchase up to 4,482,758 additional common shares at the issue price within 30 days after the offering's closing [2] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund capital expenditures for the South West Arkansas Project and the Franklin Project in East Texas, as well as for working capital and general corporate purposes [3] Group 3: Regulatory Filings - The company has filed a final prospectus supplement with securities commissions in Canada and the United States, which includes important information about the offering [4][5] Group 4: Company Overview - Standard Lithium is focused on the sustainable development of high-grade lithium-brine properties in the U.S., with flagship projects in Arkansas and Texas [7] - The company aims to achieve commercial-scale lithium production through a scalable Direct Lithium Extraction and purification process [7]

Core Viewpoint - Standard Lithium is raising funds through an equity sale, resulting in shareholder dilution, but this move is deemed necessary for the company's operational funding [1][4]. Group 1: Fundraising and Stock Performance - Standard Lithium announced the sale of nearly 30 million shares at $4.35 per share, totaling approximately $130 million, which is a significant discount from the previous closing price of $5.39 per share [3]. - Following the announcement, Standard Lithium's stock experienced a decline of 27.9%, trading below the discounted price offered to underwriters' clients [1][3]. - The company's stock had previously surged due to government interest in boosting domestic sources of critical materials, particularly after the Department of Energy's announcement regarding a 5% equity stake in Lithium Americas [2]. Group 2: Financial Position and Operational Phase - At the end of the second quarter, Standard Lithium had only $33 million in cash, indicating a need for additional funding to support its operations [4]. - The company is currently in a "pre-commercial" and "pre-revenue" phase, making it likely that it would need to raise capital to fund its mining activities [4][5]. Group 3: Strategic Importance and Market Context - Standard Lithium is considered a strategic asset in the context of U.S. efforts to reduce reliance on China for critical materials, aligning with broader government initiatives [6]. - The stock has seen significant appreciation this year, driven by speculative interest rather than fundamental factors, which raises concerns about the sustainability of its high valuation [7].

Market Overview - U.S. stock futures are lower, with Dow futures dropping over 200 points on Friday [1] Company-Specific Movements - Bitfarms Ltd (NASDAQ:BITF) shares fell 9.5% to $4.78 in pre-market trading after announcing the pricing of upsized $500 million convertible senior notes [1] - American Battery Technology Co (NASDAQ:ABAT) shares tumbled 19.8% to $4.55 in pre-market trading, following a 37% decline on Thursday due to the termination of a Department of Energy grant [3] - HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares dipped 18.2% to $4.78 in pre-market trading after a 14% decline on Thursday [3] - Standard Lithium Ltd (NYSE:SLI) shares declined 17.3% to $4.45 in pre-market trading after pricing a $130 million underwritten public offering [3] - Almonty Industries Inc (NASDAQ:ALM) slipped 16.4% to $7.11 in pre-market trading after a 12% dip on Thursday [3] - Mesoblast Ltd (NASDAQ:MESO) declined 13.7% to $15.63 in pre-market trading [3] - Jumia Technologies AG – ADR (NYSE:JMIA) shares fell 13.2% to $10.31 in pre-market trading [3] - Terawulf Inc (NASDAQ:WULF) shares fell 13.1% to $12.05 after reporting the pricing of $3.2 billion of senior secured notes [3] - Diginex Ltd (NASDAQ:DGNX) shares slipped 13.1% to $14.45 after an 18% decline on Thursday [3] - Aeluma Inc (NASDAQ:ALMU) shares fell 12.1% to $16.46 in pre-market trading [3] - Compass Diversified Holdings (NYSE:CODI) declined 11.7% to $6.60 in pre-market trading after an 8% gain on Thursday [3] - Integra Resources Corp (NYSE:ITRG) fell 11.3% to $2.89 in pre-market trading [3] - Forward Industries Inc (NASDAQ:FORD) fell 10.8% to $22.00 in pre-market trading [3] - Bruker Corp (NASDAQ:BRKR) declined 10.3% to $34.25 in pre-market trading [3] - Inter & Co Inc (NASDAQ:INTR) fell 10% to $8.04 in pre-market trading [3] - Hut 8 Corp (NASDAQ:HUT) fell 8.5% to $44.59 in pre-market trading after a 10% dip on Thursday [3] - Bitdeer Technologies Group (NASDAQ:BTDR) fell 8.2% to $23.75 in pre-market trading [3] - CleanSpark Inc (NASDAQ:CLSK) fell 7.5% to $18.49 in pre-market trading [3] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) fell 5.3% to $83.96 in pre-market trading [3]

Market Overview - U.S. stock futures are lower, with Dow futures dropping over 200 points on Friday [1] Company-Specific Movements - Bitfarms Ltd (NASDAQ:BITF) shares fell 9.5% to $4.78 in pre-market trading after announcing the pricing of upsized $500 million convertible senior notes [1] - American Battery Technology Co (NASDAQ:ABAT) shares tumbled 19.8% to $4.55 in pre-market trading, following a 37% decline on Thursday due to the termination of a Department of Energy grant [3] - HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares dipped 18.2% to $4.78 in pre-market trading after a 14% decline on Thursday [3] - Standard Lithium Ltd (NYSE:SLI) shares declined 17.3% to $4.45 in pre-market trading after pricing a $130 million underwritten public offering [3] - Almonty Industries Inc (NASDAQ:ALM) slipped 16.4% to $7.11 in pre-market trading after a 12% dip on Thursday [3] - Mesoblast Ltd (NASDAQ:MESO) declined 13.7% to $15.63 in pre-market trading [3] - Jumia Technologies AG – ADR (NYSE:JMIA) shares fell 13.2% to $10.31 in pre-market trading [3] - Terawulf Inc (NASDAQ:WULF) shares fell 13.1% to $12.05 after reporting the pricing of $3.2 billion of senior secured notes [3] - Diginex Ltd (NASDAQ:DGNX) shares slipped 13.1% to $14.45 after an 18% decline on Thursday [3] - Aeluma Inc (NASDAQ:ALMU) shares fell 12.1% to $16.46 in pre-market trading [3] - Compass Diversified Holdings (NYSE:CODI) declined 11.7% to $6.60 in pre-market trading after an 8% gain on Thursday [3] - Integra Resources Corp (NYSE:ITRG) fell 11.3% to $2.89 in pre-market trading [3] - Forward Industries Inc (NASDAQ:FORD) fell 10.8% to $22.00 in pre-market trading [3] - Bruker Corp (NASDAQ:BRKR) declined 10.3% to $34.25 in pre-market trading [3] - Inter & Co Inc (NASDAQ:INTR) fell 10% to $8.04 in pre-market trading [3] - Hut 8 Corp (NASDAQ:HUT) fell 8.5% to $44.59 after a 10% dip on Thursday [3] - Bitdeer Technologies Group (NASDAQ:BTDR) fell 8.2% to $23.75 in pre-market trading [3] - CleanSpark Inc (NASDAQ:CLSK) fell 7.5% to $18.49 in pre-market trading [3] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) fell 5.3% to $83.96 in pre-market trading [3]

Core Viewpoint - Standard Lithium Ltd. announced a $120 million underwritten public offering of common stock, leading to a 13.73% decline in share price during after-hours trading [1]. Offering Details and Underwriters - The public offering will be managed by Morgan Stanley and Evercore ISI as co-lead book-running managers, with BMO Capital Markets as the book-running manager for the underwriter syndicate [2]. - Underwriters will have a 30-day option to purchase an additional 15% of the offered shares at the same price [2]. Capital Allocation Strategy - The net proceeds from the offering will be allocated to capital expenditures for the South West Arkansas Project and Franklin Project in East Texas, as well as for working capital and general corporate purposes [3]. Project Development Context - The funding aligns with a Definitive Feasibility Study for the South West Arkansas Project, targeting 22,500 tonnes per year of battery-grade lithium carbonate production, with construction expected to start in 2026 [4]. Stock Performance - Year-to-date, Standard Lithium has gained 269.18% and 308.33% over the past six months, with a market capitalization of 1.48 billion CAD and an average daily trading volume of about 4.21 million shares [5]. - The stock has fluctuated between $1.08 and $6.40 over the past year, closing at $5.39, up 5.27% on Thursday [5].

Core Viewpoint - Standard Lithium Ltd. announced a public offering of 29,885,057 common shares at a price of US $4.35 per share, aiming to raise aggregate gross proceeds of US $130 million [1][4]. Offering Details - The offering is led by a syndicate of underwriters, including Morgan Stanley and Evercore ISI as co-lead book-running managers, along with BMO Capital Markets and others [2]. - An over-allotment option allows underwriters to purchase up to 4,482,758 additional common shares at the issue price within 30 days after the offering closes [3]. Use of Proceeds - The net proceeds from the offering will be allocated to fund capital expenditures at the South West Arkansas Project and the Franklin Project in East Texas, as well as for working capital and general corporate purposes [4]. Closing Information - The closing of the offering is expected around October 20, 2025, subject to customary closing conditions and required approvals from the TSX Venture Exchange and NYSE American [4]. Company Overview - Standard Lithium is focused on the sustainable development of high-grade lithium-brine properties in the U.S., with flagship projects in Arkansas and Texas, aiming for commercial-scale lithium production through a Direct Lithium Extraction process [9].

Core Viewpoint - Standard Lithium Ltd. announced a public offering of common shares amounting to $120 million, subject to market conditions and other factors [1] Group 1: Offering Details - The company plans to grant underwriters a 30-day option to purchase an additional 15% of the common shares sold under the offering at the public offering price [1] - Morgan Stanley and Evercore ISI will act as co-lead book-running managers for the offering, with BMO Capital Markets also participating [2] - The net proceeds from the offering will be used for capital expenditures at the South West Arkansas Project and the Franklin Project in East Texas, as well as for working capital and general corporate purposes [2] Group 2: Regulatory Filings - The company filed a preliminary prospectus supplement with securities commissions in Canada (excluding Quebec) and a preliminary prospectus supplement in the United States as part of an effective registration statement [3] - The offering is being made in the United States and in all provinces and territories of Canada, except Quebec [4] Group 3: Company Overview - Standard Lithium is focused on the sustainable development of high-grade lithium-brine properties in the United States, aiming for commercial-scale lithium production through a Direct Lithium Extraction process [6] - The company's flagship projects are located in the Smackover Formation in Arkansas and Texas, with a partnership with Equinor for the South West Arkansas project [7]