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Standard Lithium Welcomes Nobel Laureate, Professor Karl Barry Sharpless to Its Scientific Advisory Council

Corporate Updates

Standard Lithium Welcomes Nobel Laureate, Professor

Karl Barry Sharpless to Its Scientific Advisory Council

Vancouver, British Columbia--(Newsfile Corp. - July 26, 2018) -

Standard Lithium Ltd.

(TSXV: SLL) (OTCQX: STLHF) (FRA:

S5L) ("Standard Lithium" or the "Company"), is very pleased to announce the appointment of Nobel Laureate, Professor Barry

Sharpless to the Company's Scientific Advisory Council.

Dr. Andy Robinson, President and COO of Standard Lithium commented, "

It is truly a distinct honour

to

welcome Professor

Sharpless

, a chemist of global significance,

to our Scientific Advisory Council.

"

Professor Sharpless is the W. M. Keck professor of chemistry at Scripps Research, where he has been a faculty member since

1990.

He received the Nobel Prize in Chemistry in 2001 for his work on chirally catalyzed oxidation reactions.

Since this

landmark achievement, Prof. Sharpless has continued to be a luminary in the field, creating chemical tools that have been

adopted by nearly every field of modern science. For his numerous contributions, the American Chemical Society (ACS) will

award Professor Sharpless the 2019 Priestley Medal, the highest honor bestowed by ACS.

His national and international

awards include the inaugural Paul Janssen Prize for Creativity in Organic Synthesis, the King Faisal International Prize in

Science, the Rhone Poulenc Medal, the Chemical Sciences Award of the U.S. National Academy of Sciences, the Benjamin

Franklin Medal and the Wolf Prize.

Standard Lithium CEO, Robert Mintak commented "

I would like to thank Professor

s

Jason

H

ei

n

and Pierre Kennepohl

of UBC

for introducing Standard Lithium to Professor Sharpless.

Knowing that the innovative and groundbreaking

lithium

processing

work underway by Professor

s

H

ei

n, Kennepohl and our

team

is

such that it piqued the interest of Professor

Sharpless is

extremely rewarding

,

and we are thrilled to welcome Prof

essor

Sharpless to our Scientific Council

".

About Standard Lithium Ltd.

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 southern 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 under the trading symbol "SLL"; quoted on the OTCQX under the symbol

"STLHF"; and on the Frankfurt Stock Exchange under the symbol "S5L". Please visit the Company's website at

www.standardlithium.com

.

For further information, contact Anthony Alvaro at (604) 240 4793

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.