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LibertyStream Announces Corporate Update: 2025 Milestones Achieved, 2026 Outlook, and Leadership Addition
Businesswire· 2025-12-18 14:21
Core Viewpoint - LibertyStream Infrastructure Partners Inc. aims to become the first company in North America to advance direct lithium extraction from oilfield brine to commercial operations by 2026, following significant milestones achieved in 2025 and the addition of key leadership [1][2]. Company Milestones - In 2025, LibertyStream successfully produced lithium carbonate from its Texas field operations, marking a significant step towards expansion in critical U.S. oilfields [2]. - The company commissioned its proprietary Generation 5 Direct Lithium Extraction (DLE) unit, capable of processing up to 10,000 barrels of oilfield brine per day, and has processed over 350,000 barrels of brine since February 2025 [3][4]. - Major financial milestones include closing a $3.5 million promissory note financing and a $700,000 state-backed grant in August 2025, followed by a $10 million non-brokered private LIFE offering in December 2025 [6]. Operational Achievements - The Generation 5 DLE unit achieved a lithium extraction rate of 99% in March 2025, and successful field trials were announced in North Dakota [6]. - The company has completed over 2,500 real-time validation tests, demonstrating the reliability of its technology [3]. - LibertyStream's first lithium carbonate production was announced in December 2025, with plans to scale up production to meet technical specifications for future customers [13]. Management and Strategic Additions - Mr. Jack Crancer has been appointed as Vice President of Finance, bringing over 14 years of experience in U.S. capital markets [7][8]. - The company aims to expand its management team through strategic hires to enhance technical expertise and operational capacity [13]. Future Outlook - LibertyStream's key objectives for 2026 include transitioning to commercial operations, securing supply agreements with major operators in Texas or North Dakota, and initiating discussions for long-term off-take agreements [7][13]. - The company plans to commence selling all lithium carbonate produced into the spot market in 2026, with the goal of supplying commercial volumes by 2027 [14].
CORRECTING and REPLACING LibertyStream Announces Closing of Second and Final Tranche of LIFE Offering
Businesswire· 2025-12-16 23:02
Core Viewpoint - LibertyStream Infrastructure Partners Inc. has successfully closed the second and final tranche of its private placement offering, raising total gross proceeds of $9,999,999.10 through the issuance of 15,384,614 Units [1][4]. Group 1: Offering Details - The second tranche raised aggregate gross proceeds of $1,089,999.95 through the issuance of 1,676,923 Units at a price of $0.65 per Unit [1]. - Each Unit consists of one common share and one whole common share purchase warrant, with each Warrant allowing the purchase of one Common Share at an exercise price of $1.00 for a period of thirty-six months [2]. - The Offering was completed on a private placement basis under the "listed issuer financing" exemption, meaning the securities are not subject to a hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized to develop the Company's direct lithium extraction technology, enhance lithium carbonate production, and provide product samples to potential customers [4]. Group 3: Company Overview - LibertyStream is focused on becoming one of North America's first commercial producers of lithium carbonate from oilfield brine, leveraging management's hydrocarbon experience to deploy proprietary technology [6][7].
LibertyStream Announces Closing of Second and Final Tranche of LIFE Offering
Businesswire· 2025-12-16 22:10
Core Viewpoint - LibertyStream Infrastructure Partners Inc. has successfully closed the second and final tranche of its private placement, raising a total of approximately $10 million to support its lithium extraction technology and production efforts [1][4]. Group 1: Offering Details - The private placement raised aggregate gross proceeds of $1,089,999.95 through the issuance of 13,701,691 Units at a price of $0.65 per Unit, bringing total gross proceeds to $9,999,999.10 [1]. - Each Unit consists of one common share and one whole common share purchase warrant, with each Warrant allowing the purchase of one Common Share at an exercise price of $1.00 for a period of thirty-six months [2]. - The Offering was completed under the "listed issuer financing" exemption, meaning the securities issued are not subject to a hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated to developing the Company's direct lithium extraction technology, scaling up lithium carbonate production, providing product samples to potential customers, and for general working capital [4]. Group 3: Company Overview - LibertyStream is focused on becoming one of North America's first commercial producers of lithium carbonate from oilfield brine, leveraging management's hydrocarbon experience to deploy proprietary technology [6]. - The Company aims to operate efficiently and transparently, with a commitment to creating long-term, sustainable shareholder value [6].
LibertyStream Announces Closing of First Tranche of LIFE Offering
Businesswire· 2025-12-12 01:44
Core Viewpoint - LibertyStream Infrastructure Partners Inc. has successfully closed the first tranche of its private placement, raising approximately $8.91 million through the issuance of 13,707,691 units at a price of $0.65 per unit, with a second tranche expected to follow in December 2025 [1][4]. Group 1: Offering Details - The first tranche involved the issuance of 13,707,691 units, generating gross proceeds of $8,909,999.15 [1]. - The second tranche will consist of 1,676,923 units, expected to raise an additional $1,089,999.95 [1]. - Each unit includes one common share and one warrant, with warrants allowing the purchase of common shares at an exercise price of $1.00 for 36 months post-offering [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to developing direct lithium extraction technology, enhancing operational efficiencies, and scaling up lithium carbonate production in the Delaware Basin, Texas [4]. - The funds will also support the creation of lithium product samples for potential customers and general working capital needs [4]. Group 3: Regulatory and Compliance Information - The offering was conducted under the "listed issuer financing" exemption, allowing the securities to be issued without a hold period under Canadian securities laws [3]. - The units have not been registered under the U.S. Securities Act and are offered only to accredited investors in the U.S. under specific exemptions [5]. Group 4: Company Overview - LibertyStream is focused on becoming one of North America's first commercial producers of lithium carbonate from oilfield brine, leveraging proprietary technology to reduce costs and risks while supporting clean energy transitions [6]. - The company aims to create long-term shareholder value through efficient operations and transparency [6].
E3 Lithium Initiates Permitting Process for the Clearwater Project Central Processing Facility with Submission of EPEA Application
Businesswire· 2025-12-08 08:15
Core Points - E3 Lithium Ltd. has submitted its Environmental Protection and Enhancement Act (EPEA) application to the Alberta Energy Regulator (AER) for its Clearwater Project Central Processing Facility (CPF) [1] - The EPEA application marks a significant step in the development of lithium resources in Canada [1] Company Summary - E3 Lithium Ltd. is recognized as a leader in Canadian lithium development [1] - The company is actively engaging in the regulatory process by initiating the formal AER Directive 056 (D56) notification and consultation program [1]
Toronto Stock Exchange, E3 Lithium, The View from the C-Suite
Newsfile· 2025-11-20 21:56
Toronto, Ontario--(Newsfile Corp. - November 20, 2025) - Chris Doornbos, President and Chief Executive Officer, E3 Lithium (the "Company") (TSXV: ETL), shares the Company's story in an interview with TMX Group.Cannot view this video? Visit:https://www.youtube.com/watch?v=Gnds3r28I14The "View From The C-Suite" video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. These videos provide insight into how company executives think in the ...
Standard Lithium to Participate in Multiple Upcoming Investor Conferences
Globenewswire· 2025-11-18 13:30
Core Insights - Standard Lithium Ltd. is actively participating in multiple investor conferences, showcasing its leadership in the lithium industry [1][2][3] Group 1: Company Participation in Conferences - The company will participate in the virtual Deutsche Bank Lithium and Battery Supply Chain Conference on November 20, 2025, and the virtual Bank of America Critical Materials Conference on November 24, 2025 [1] - David Park, CEO of Standard Lithium, will speak at Citi's Basic Materials Conference in New York City on December 3, 2025, at 10:50 a.m. ET [2] - The company will host one-on-one meetings during these conferences for interested investors [3] Group 2: Company Overview - Standard Lithium is focused on the sustainable development of high-grade lithium-brine properties in the United States, particularly in Arkansas and Texas [4] - The company aims to achieve commercial-scale lithium production through a scalable Direct Lithium Extraction and purification process [4] - The flagship projects are located in the Smackover Formation, a significant lithium brine asset [4]
E3 Lithium Hosting Quarterly Webinar “Take-Two” on November 6, 2025 @ 9:00am MT
Businesswire· 2025-11-05 23:24
Core Viewpoint - E3 Lithium is rescheduling its Q4 Webinar to November 6, 2025, due to technical difficulties experienced during the initial session [1] Company Updates - The Q4 Webinar will take place at 9:00am MT (11:00am ET) [1] - E3 Lithium is a leader in Canadian lithium development [1]
E3 Lithium to Host Webinar on November 5, 2025 @ 9:00AM MT
Businesswire· 2025-11-05 08:15
Core Points - E3 Lithium is hosting a webinar on November 5, 2025, at 9:00 am MT to discuss company updates [1] - The presentation will include a summary of achievements from the Phase 1 Demonstration Facility [1] - Updates on the Phase 2 Demonstration will also be provided during the webinar [1]
E3 Lithium Announces Partial Over-Allotment Exercise and Listing of Warrants
Businesswire· 2025-10-31 13:35
Core Viewpoint - E3 Lithium Ltd. has successfully executed a partial exercise of its over-allotment option, leading to the issuance of additional common shares and warrants at specified prices [1] Group 1: Company Actions - The company issued an additional 1,000,000 common shares at an issue price of $1.07 per share [1] - Alongside the common shares, 761,250 additional warrants were also issued [1]