Standard Lithium Appoints PricewaterhouseCoopers as Auditor
Standard Lithium Appoints PricewaterhouseCoopers as Auditor
VANCOUVER, British Columbia, Oct. 18, 2022 -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI)
(NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project development company, has appointed
PricewaterhouseCoopers LLP (PWC) as its new independent registered public accounting firm, effective October 17, 2022. The
appointment of PWC has been approved by both the audit committee and the Board of Directors (the “Board”) of the Company.
PWC succeeds Manning Elliott LLP (Manning Elliott), which previously was the independent registered accounting firm
providing audit services to the Company.
Robert Cross, Non-Executive Chairman of Standard Lithium and member of its Audit Committee, commented, “PWC
submitted an attractive proposal, and we are confident PWC will guarantee a high-quality audit and comply with our rigorous
independence standards.”
“We also thank Manning Elliott for its superb audit services and support over the past five years as well as its current
assistance in onboarding PWC,” added Cross.
A thorough transition process is underway to ensure an effective transfer from Manning Elliott to PWC.
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 over
150,000 acres of permitted brine operations. The Company operates its first-of-a-kind industrial-scale Direct Lithium Extraction
(DLE) demonstration plant at Lanxess’s south plant facility in southern Arkansas. 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 over 30,000 acres of separate brine leases located in
southwest Arkansas, referred to as the South West Arkansas Lithium Project, and approximately 45,000 acres of mineral
leases located in the Mojave Desert in San Bernardino County, California.
Standard Lithium is jointly listed on the TSX Venture Exchange and the NYSE American under the trading symbol “SLI”; and
on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website
at https://www.standardlithium.com .
Twitter: @standardlithium
LinkedIn: https://www.linkedin.com/company/standard-lithium/
Neither the 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 the United States Private Securities
Litigation Reform Act of 1995 and 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 plans at the
Lanxess South Facility and the South West Arkansas Project, the award of the FEED and DFS contract, 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 statements and information other than as required by applicable laws, rules and regulations.
For further information contact:
LHA Investor Relations
David Barnard
+1 415-433-3777