Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:
SLI) (NYSE: SLI) (FRA: S5L), an innovative technology and lithium
project development company, and South Arkansas Community College
hosted Arkansas Governor Asa Hutchinson at a ribbon-cutting
ceremony Monday May 2, 2022 to officially unveil six new EV
charging stations. Standard Lithium partnered with Entergy, Adopt a
Charger, and South Arkansas Community College on the installation
of the six Level 2 – 240 volt EVCS charging stations, free for
public use, located near the Murphy Arts District in downtown El
Dorado, AR.
“It’s a privilege for us to sponsor this project
along with our partners and South Arkansas Community College,” said
Robert Mintak, CEO and Director at Standard Lithium. “Access to EV
charging helps build local economies by attracting tourism and
encouraging people to spend more time at local businesses and city
facilities while they charge their vehicles.”
“SouthArk is very pleased to partner with Standard Lithium to
bring free-to-use EV charging stations to downtown El Dorado,” said
Dr. Bentley Wallace, President, South Arkansas Community College.
“This new amenity will bring additional visitors to our area,
driving tourism, business travel, and economic development that
wouldn’t have occurred without this investment.”
“When people spot an EV driving down the road, they don’t
automatically notice that the vehicle runs on electricity,” said
Kitty Adams, Executive Director of Adopt a Charger. “They do see,
however, when electric vehicles are plugged into charging stations
at places they like to go, and have the opportunity to ask drivers
about their EV experience. We are grateful to Entergy and Standard
Lithium for sponsoring and funding these new EV charging stations
in El Dorado.”
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 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 Exchanges 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.
About Adopt a Charger
Adopt a Charger is a nonprofit organization founded in March
2011 to accelerate the widespread adoption of plug-in electric
vehicles by broadening charging infrastructure. Our unique approach
matches a sponsor with a host site located at a popular public
destination: state and national parks, universities, museums,
beaches and the like. Since placing its first charger at San
Francisco's Crissy Field in the Golden Gate National Recreation
Area, Adopt a Charger has installed over 400 charging stations in
11 states.
About Entergy Arkansas
Entergy Arkansas provides electricity to approximately 700,000
customers in 63 counties. Entergy Arkansas is a subsidiary of
Entergy Corporation (NYSE: ETR), an integrated energy company
engaged primarily in electric power production and retail
distribution operations. Entergy owns and operates power plants
with approximately 30,000 megawatts of electric generating
capacity, including nearly 9,000 megawatts of nuclear power.
Entergy delivers electricity to 2.9 million utility customers in
Arkansas, Louisiana, Mississippi and Texas. Entergy has annual
revenues of $11 billion and approximately 13,500 employees.
About South Arkansas Community College
South Arkansas Community College is a comprehensive public
community college located in El Dorado, Arkansas, offering
credit-based instruction leading to degrees and certificates of
completion in more than 60 different areas of study falling into
three academic divisions, and non-credit-based instruction
including corporate education, community education, adult basic
education and specialized training. It is one of the area’s leading
employers, with nearly 200 full- and part-time employees. The
college noted the 30th year of its existence in March of 2022.
On behalf of the Board of 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.
For further information contact:
LHA Investor Relations
David Barnard
+1 415-433-3777
standardlithium@lhai.com
info@standardlithium.com
Twitter: @standardlithium
LinkedIn: https://www.linkedin.com/company/standard-lithium/
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