Standard Lithium Announces Receipt of Additional $426,000 to Proceeds of $1.00 Offering
STANDARD LITHIUM LTD.
Suite 835, 1100 Melville Street
Vancouver, British Columbia
V6E 4A6
NEWS RELEASE
STANDARD LITHIUM ANNOUNCES RECEIPT OF ADDITIONAL $426,000 TO PROCEEDS OF $1.00
OFFERING
Vancouver, British Columbia – April 1 5, 2019 – Standard Lithium Ltd. (the “Company”) (TSXV: SLL) is
pleased to announce that it has received subscriptions for a further $426,000 of the Company’s $1.00
unit offering. The Company has accepted these subscriptions, and has issued 426,000 units (e ach, a
“Unit”) at price of $1.00 per Unit. Each “Unit” consists of one common share of the Company, and one -
half-of-one common share purchase warrant (each whole warrant, a “Warrant”). Each “Warrant”
entitles the holder to acquire one additional common s hare of the Company at a price of $1.30 per
share, subject to adjustment in certain events, for a period of thirty-six months.
The Units were offered by the Company on a non-brokered private placement basis, and are subject to a
four-month-and-day statut ory hold period in accordance with applicable securities laws. No fees or
commissions were paid in connection with the acceptance of these additional subscriptions.
About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is a specialty chemical company focused on unlocking the value of existing
large-scale US based lithium -brine resources. The Company believes new lithium production can be
brought on stream rapidly by minimizing project risks at selection stage (resource, political, geographic,
regulatory and permitting), and by leveraging advances in lithium extraction technologies and processes.
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 over 150,000 acres of permitted brine
operations utilizing the Company’s proprietary selective extraction technology. The Company is also
pursuing the resource development of over 30,000 acres of separate brine leases located in
southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert
in San Bernardino County, California.
Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the
OTC - Nasdaq Intl Designation under th e symbol “STLHF”; and on the Frankfurt Stock Exchange under
the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.
Contact Information:
LHA Investor Relations, Mary Magnani, (415) 433-3777, [email protected]
On behalf of the Board,
Standard Lithium Ltd.
Robert Mintak, CEO & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward- Looking Statements” within the meaning of applicable
Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”,
“expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify
forward-looking statements or information. These forward-looking statements or information may relate
to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or
resources, regulatory or government requirements or approvals, the reliability of third party information,
continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its
derivatives, changes in exploration costs and government regulation in Canada and the United States,
and other factors or information. Such statements represent the Company’s current views with respect to
future events and are necessarily based upon a number of assumptions and estimates that, while
considered reasonable by the Company, are inherently subject to significant business, economic,
competitive, political and social risks, contingencies and uncertainties. Many factors, both known and
unknown, could cause results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward -looking
statements. The Company does not intend, and does not assume any obligation, to update these
forward-looking statements or information to reflect changes in assumptions or changes in
circumstances or any other events affections such stateme nts and information other than as required by
applicable laws, rules and regulations.