Standard Lithium Provides Update on Annual Filings
Standard Lithium Provides Update on Annual Filings
VANCOUVER, British Columbia, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium ” or the
“Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project development
company, advises that its audited consolidated financial statements for the fiscal year ended June 30, 2021, included in the
Company’s Annual Report on Form 40-F, as amended, contains an audit opinion from its independent registered public
accounting firm that includes an explanatory paragraph related to the Company’s ability to continue as a going concern.
Release of this information is pursuant to the disclosure requirements of the NYSE American Company Guidelines Sections
401(h) and 610(b). It does not represent any change or amendment to any of the Company’s filings for the fiscal year ended
June 30, 2021.
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 has commissioned its first-of-a-kind industrial-scale direct lithium
extraction 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
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 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 www.standardlithium.com.
On behalf of the Board of Standard Lithium Ltd.
Robert Mintak, CEO & Director
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 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 Anthony Alvaro at (604) 240 4793
Twitter @standardlithium
LinkedIn https://www.linkedin.com/company/standard-lithium/