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SLI.V ·

Standard Lithium Commences Csamt/MT Geophysical Survey at Bristol Lake, Mojave Project, California

Exploration Programs

STANDARD LITHIUM LTD.

Suite 888, 1100 Melville Street

Vancouver, British Columbia

V6E 4A6

NEWS RELEASE

STANDARD LITHIUM COMMENCES CSAMT/MT GEOPHYSICAL SURVEY AT

BRISTOL LAKE, MOJAVE PROJECT, CALIFORNIA

June 29, 2017 – Vancouver, BC –Standard Lithium Ltd . (“Standard Lithium” or the “Company”) (TSXV:

SLL) (FRA: S5L) (OTCQX: STLHF) is pleased to announce that it has commenced a detailed and large-scale

Controlled-Source Audio-Magnetotellurics / Magnetotellurics (CSAMT/MT) geophysical survey at the

Company’s Bristol Lake Project, in the Mojave area of California. The survey is being conducted in order to

help better define the extent of highly conductive brine resources in the deep infilled basin that underlies SLL’s

Project area (brine-bearing basin is up to 1.2 km thick beneath the Project area, as revealed by recent gravity

survey work; see news release dated 5 th June). The survey is being completed on Standard’s extensive 16,000+

acre landholding in the Bristol Lake basin, and will also be extended onto adjacent brine-producing properties in

the basin, thanks to the kind cooperation of our neighbours.

Standard Lithium has retained Hasbrouck Geophysics to perform data acquisition and interpretation. Hasbrouck

are ideally suited to performing the work as they have extensive experience conducting geophysical surveys in

many brine-bearing basins across the southwestern US. Hasbrouck and their team have mobilised to site and

expect that data acquisition should take approximately 2 weeks to complete given the detailed nature of the

survey and the large size of the resource area, and that initial interpretation should be available for Standard’s

technical team to assess in the second half of July. Results from the CSAMT/MT survey will also be used to

help scope and determine locations for the next phases of Standard’s resource assessment program for the

Bristol Lake Project.

Dr. Andy Robinson, COO and President of Standard Lithium commented: " We’re delighted to be partnering

with Hasbrouck Geophysics as they bring their breadth of exploration geophysical knowledge to bear on our

Bristol Lake Project. Our team has completed several previous surveys with Hasbrouck and we look forward to

seeing their interpretation of the lateral and vertical extent of the brine deposits that are present beneath our

Project area. Results from this phase of work will be very helpful in determining final locations for a proposed

drilling programme that will take place in the second half of 2017."

Quality Assurance

Raymond Spanjers, Certified Professional Geologist (SME No. 3041730), is a qualified person as defined by NI

43-101, and has supervised the preparation of the scientific and technical information that forms the basis for

this news release. Mr. Spanjers is not independent of the Company as he is an officer in his role as Vice

President, Exploration and Development.

About Standard Lithium

Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-

scale domestic brine resources, led by an innovation & results oriented management team with a strong focus on

technical skills. The Company is currently focused on the immediate exploration and development of its

16,000+ acre Bristol Lake, Brine Project located in the Mojave region of San Bernardino County, California.

The location has significant infrastructure in-place, with easy road and rail access, abundant electricity and

water sources, and is already permitted for extensive brine extraction and processing activities. Standard also

recently announced the acquisition of the 41,000+ acre Paradox Basin Project located in Grand County, Utah.

For further information, contact Anthony Alvaro at 604.763.5388.

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 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 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.