Standard Lithium Raises $7.4 Million IN Oversubscribed Financing
STANDARD LITHIUM LTD.
Suite 888, 1100 Melville Street
Vancouver, British Columbia
V6E 4A6
NEWS RELEASE
STANDARD LITHIUM RAISES $7.4 MILLION IN OVERSUBSCRIBED FINANCING
June 22nd, 2017 – Vancouver, BC –Standard Lithium Ltd. (“Standard Lithium” or the “Company”)
(TSXV: SLL) (FRA: S5L) is pleased to announce that it has completed the private placement of
9,894,785 common shares at a price of $0.75 per share for gross proceeds of $7,421,089. Interest in the
placement far exceeded the expectations of the Company, and the additional amount raised provides the
Company with the capital needed to advance its current projects and pursue strategic acquisitions in the
lithium sector.
“We are extremely pleased with the interest received in this placement, and completion represents a
significant milestone for the Company,” commented Anthony Alvaro, a director of the Company. “The
strong demand speaks to the growing confidence in our team, projects and future vision for the
Company.”
In connection with completion of the private placement the Company paid cash commissions of $74,840
and issued 590,687 common shares to certain parties who introduced subscribers to the Company. All
securities issued in the private placement are subject to a four-month-and-one-day statutory hold period.
For further information readers should contact Anthony Alvaro at 604.260.4793.
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 exploration 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 40,000+ acre Paradox Basin Project located in Grand
County, Utah.
On behalf of the Board,
Standard Lithium Ltd.
Anthony Alvaro, 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.