Standard Lithium Provides Update on Annual Filings
November 12 2021 - 6:00PM
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/
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