VANCOUVER, British Columbia, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI), a leading near-commercial lithium company, will have senior leadership participating in multiple upcoming investor conferences. The Company will be participating in the virtual Deutsche Bank Lithium and Battery Supply Chain Conference on Thursday, November 20, 2025, and the virtual Bank of America Critical Materials Conference on Monday, November 24, 2025. Add ...

Core Viewpoint - Standard Lithium Ltd. has reported significant progress in its projects, including the release of a Definitive Feasibility Study (DFS) for the South West Arkansas (SWA) Project and a Maiden Inferred Resource for the Franklin Project in East Texas, indicating strong potential for future lithium production [2][5][8]. Financial and Operational Highlights - The SWA Project is projected to have an initial production capacity of 22,500 tonnes per annum of battery-quality lithium carbonate, with proven reserves of 447,000 tonnes of lithium carbonate equivalent (LCE) [4]. - The DFS for the SWA Project indicates a 20.2% unlevered pre-tax internal rate of return (IRR) and competitive average cash operating costs of $4,516 per tonne, with all-in costs estimated at $5,924 per tonne [8]. - The company completed a $130 million follow-on equity offering, which was oversubscribed, demonstrating strong institutional investor demand [6][5]. Project Developments - The SWA Project has received unanimous approval from the Arkansas Oil and Gas Commission (AOGC) for its Integration Application, which is crucial for the project's development [5]. - The Franklin Project in East Texas has reported some of the highest lithium-in-brine grades in North America, with an inferred resource of 2.2 million tonnes of LCE at an average lithium grade of 668 mg/L [11]. - The company aims to reach a Final Investment Decision (FID) for the SWA Project and begin construction in 2026, with first production targeted for 2028 [2][8]. Future Outlook - The company plans to provide multiple updates in the coming months regarding project financing, customer offtake processes, and vendor selection for the SWA Project [2]. - The company is focused on sustainable, commercial-scale lithium production through a fully integrated Direct Lithium Extraction process [12].

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 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]

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 all Canadian provinces and territories except Quebec, as well as a preliminary prospectus supplement in the United States [3] - The offering is being made in the United States and in each of the provinces and territories of Canada, excluding 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]

Core Insights - LibertyStream Infrastructure Partners Inc. has achieved a significant milestone by processing over 250,000 barrels of Permian brine at its Texas field unit using proprietary Direct Lithium Extraction (DLE) technology [1] Company Developments - The achievement reflects nine months of sustained operational delivery and targeted system enhancements [1]

Financial Results - For the three months ended June 30, 2025, the net comprehensive loss was CAD 103,370, a decrease from CAD 241,823 in the same period of 2024 [2] - For the six months ended June 30, 2025, the net comprehensive loss was CAD 72,978, significantly lower than CAD 749,430 in the same period of 2024 [2] - Cash flow used in operating activities for the three months ended June 30, 2025, was CAD 45,658, down from CAD 93,410 in 2024 [2] - Funds flow used in operations for the six months ended June 30, 2025, was CAD 11,144, compared to CAD 575,853 in 2024 [2] - The company reported a working capital surplus of CAD 94,710 as of June 30, 2025, compared to CAD 208,583 in 2024 [2] Corporate Development - The company is collaborating with Denison Mines Ltd to develop a pre-feasibility study (PFS) for the Kindersley Lithium Project (KLP), expected to be completed by late 2025 or early 2026 [3] - A detailed depletion study of the Duperow/Leduc reservoir has led to a plan for drilling wells with two parallel horizontal legs to maximize brine drainage at minimal costs [4] - Extensive brine samples from the KLP 4-15 well were sent to various direct lithium extraction firms, with results aiding Stantec Inc in analyzing optimal extraction technologies [5] Incentive Compensation - To reduce corporate expenditures, key personnel opted for equity incentives, resulting in the grant of 2,110,900 stock options at an exercise price of CAD 0.065 per share [7] Resource and Economic Assessment - Grounded Lithium Corp controls approximately 1.0 million metric tonnes of Measured & Indicated lithium carbonate equivalent resources and about 3.2 million metric tonnes of Inferred resources in Southwest Saskatchewan [8] - The updated Preliminary Economic Assessment (PEA) indicates a Phase 1 NPV8 after-tax of USD 1.0 billion with an after-tax IRR of 48.5% [8]

Company Overview - Standard Lithium Ltd. is a leading near-commercial lithium development company focused on sustainable development of high-grade lithium-brine properties in the United States [3] - The company aims for sustainable, commercial-scale lithium production using a scalable and fully integrated Direct Lithium Extraction and purification process [3] - Key projects are located in the Smackover Formation in Arkansas and Texas, with a partnership with Equinor ASA on the South West Arkansas project [3] Leadership Appointment - Michael Lutgring has been appointed as General Counsel effective August 18, 2025 [1] - Lutgring brings over two decades of legal and strategic advisory experience, previously serving as Vice President and Deputy General Counsel at Albemarle Corporation [2] - His experience includes leading legal support for global supply chain operations and playing a pivotal role in significant corporate initiatives, including a $6.2 billion acquisition and a $3.2 billion divestiture [2]

Financial Data and Key Metrics Changes - For the second quarter ended June 30, 2025, the company reported a net loss of approximately $4 million compared to a net gain of $128.3 million during the same quarter in 2024, primarily due to a one-time gain from the sale of a 45% interest in two project areas in 2024 [11][12] - General and administrative expenses decreased by $4.5 million, reflecting cost-sharing with joint ventures and strong corporate cost management [12] - The company ended the quarter with strong cash and working capital positions of $33.8 million and £30.6 million respectively [13][14] Business Line Data and Key Metrics Changes - The company completed all planned fieldwork for the first phase of the Southwest Arkansas project, achieving a lithium concentration of 660 mg/L from the Leicester well, the highest recorded to date [9] - Phase one of the Southwest Arkansas project plans for 22,500 tonnes per year of battery-quality lithium carbonate, with first production expected in 2028 [10] Market Data and Key Metrics Changes - The Southwest Arkansas project was selected as one of the first critical mineral production projects under Executive Order 14,241, which aims to increase American mineral production [5] - The company received a $225 million grant from the DOE's Office of Manufacturing and Energy Supply Chains, reinforcing its project development timeline [6] Company Strategy and Development Direction - The company is focused on advancing lithium development projects in partnership with Equinor, with a final investment decision targeted by the end of 2025 [4][16] - The company is also exploring next-generation battery materials, having developed a new process for producing battery-quality lithium sulfide [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the critical milestones achieved in the second quarter and the support from local and federal governments for securing critical minerals production in the U.S. [16] - The company believes it is well-positioned to deliver significant value to shareholders and communities as it progresses towards a final investment decision [16] Other Important Information - The company strengthened its senior management team with two new VP hires, enhancing its capabilities and execution of growth strategy [7] Q&A Session Summary Question: Regarding DOE funding opportunities - Management indicated ongoing support from the DOE and the White House for direct lithium extraction projects, but it is premature to comment on specific funding avenues [19][20] Question: Details on remaining milestone payments - The milestone payments from Equinor are $40 million for Southwest Arkansas and $30 million for East Texas, which will be used to fund the company's share of the projects [21][23] Question: Future expenditures related to Southwest Arkansas - Management expects to be fully funded for commitments prior to FID at Southwest Arkansas through existing cash, Equinor funding, and prudent use of the ATM program [24] Question: Offtake agreements and pricing discussions - The company is in discussions with multiple parties regarding offtake agreements, focusing on both structure and pricing mechanisms, with confidence in concluding discussions by Q4 [43][44] Question: Updates on geological modeling and resource mapping - Management stated that drilling work has refined their understanding of the resource position, with a maiden resource report expected to provide further insights [46][49] Question: Debt financing discussions - Discussions with export credit agencies and commercial banks are progressing well, with confidence in achieving the previously indicated debt financing range [53][54]