NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
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Posted On: 02/05/2020 6:33:17 PM
NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) Increases Private Placement to $9M Based on Strong Interest
Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) on Tuesday announced that, owing to very strong interest, it will increase the size of its non-brokered private placement of special warrants (each, a “Special Warrant”) to accommodate the additional demand. According to the update, the Company now intends to offer up to 12,000,000 Special Warrants, each at a price of $0.75, for gross proceeds of up to $9,000,000. Standard Lithium intends to use net proceeds from the private placement to complete commissioning of its extraction demonstration plant in southern Arkansas, as well as to maintain existing property interests and for general working capital purposes.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) on Tuesday announced that, owing to very strong interest, it will increase the size of its non-brokered private placement of special warrants (each, a “Special Warrant”) to accommodate the additional demand. According to the update, the Company now intends to offer up to 12,000,000 Special Warrants, each at a price of $0.75, for gross proceeds of up to $9,000,000. Standard Lithium intends to use net proceeds from the private placement to complete commissioning of its extraction demonstration plant in southern Arkansas, as well as to maintain existing property interests and for general working capital purposes.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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