Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, will be working with LHA Investor Relations (“LHA”) moving forward. SLI announced that the leading IR and strategic advisory firm would be assisting the company as it works to expand market awareness. The firm will also help Standard Lithium communicate its development and growth strategy to key institutional and retail investment audiences. The company anticipates achieving that through enhanced communication, capital markets advisory services and non-deal roadshows. Based in New York with offices in Los Angeles and San Francisco, LHA has built a reputation for successfully working with both public and private companies to undertake strategic investor relations programs that are customized to each company and that are based on industry best practices. In addition, Standard Lithium has signed a letter of intent (“LOI”) with Koch Engineered Solutions (“KES”) designed to provide engineering design support for the company’s proposed commercial plant. The LOI outlines a plan for the two companies to form business units under the KES organization intended to execute essential work at the planned Lanxess facility in southern Arkansas. “The company is undergoing a period of transformational growth, and we must add to our team in order to move fast and efficiently towards the first commercial plant,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “The deep bench-strength and world class resources that the KES businesses bring is vital to us building the strongest possible project execution team.”
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About Standard Lithium Ltd.
Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from more than 150,000 acres of permitted brine operations. The company has commissioned its first-of-a-kind, industrial-scale direct-lithium-extraction demonstration plant at Lanxess’s south plant facility. The demonstration plant utilizes the company’s proprietary LiSTR technology to selectively extract lithium from Lanxess’s tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. The scalable, environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. The company is also pursuing the resource development of more than 30,000 acres of separate brine leases located in southwestern Arkansas, referred to as the Southwest Arkansas Lithium Project, and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com.
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