VANCOUVER, British Columbia, October 16, 2025 (GLOBE NEWSWIRE) — LLC “Standard Lithium” (“Standard lithium” or “Company“) (TSXV: SLI) (NYSE.A: SLI), a leading near-commercial lithium company, announced the pricing of its previously announced underwritten public offering (“Offer“) out of 29,885,057 ordinary shares (“Ordinary shares“) at a price of US$4.35 per Common Share (“Price issue“) with the Company's aggregate gross revenues of US$130 million.
The offering is being conducted through a syndicate of underwriters led by Morgan Stanley and Evercore ISI as co-lead book-running managers and includes BMO Capital Markets as book-running managers, Canaccord Genuity, Raymond James, Roth Capital Partners and Stifel (together “Underwriters“).
The Company has granted the Underwriters an option to purchase up to an additional 4,482,758 shares of Common Stock (“Redistribution option“) at the issue price, with the possibility of full or partial execution within 30 days after the closing of the Offering.
The Company intends to use the net proceeds from the Offering to fund capital expenditures at the Southwest Arkansas Project and the Franklin Project in East Texas (each as defined in the Prospectus Supplement (defined below)), as well as for working capital and general corporate purposes.
The closing of the Offering is expected to occur on or about October 20, 2025 and is subject to customary closing conditions, including the receipt of necessary approvals from the TSX Venture Exchange (the “TSX Venture Exchange”).TSHV“) and NYSE American.
In connection with the Offering, the Company has filed with the securities commissions of each province and territory of Canada other than Quebec a preliminary prospectus supplement (“Supplement to the prospectus“) to the Company's existing base shelf prospectus (“Basic shelf prospect“) has filed with the securities commissions in each of the provinces and territories of Canada and has also filed a preliminary prospectus supplement in the United States (“US Supplement to the prospectus“, together with the Prospectus Supplement, “Supplements to the prospectus“) to the Company's existing base shelf prospectus (“US Basic shelf prospecttogether with the “Base Shelf” prospectus, “Base Shelf Prospects“) forming part of an effective registration statement on Form F-10 (File No. 333-289110) (“Application for registration“) filed with the US Securities and Exchange Commission (“SEC“) in accordance with the Multi-Jurisdictional Disclosure Framework of the United States and Canada.
Offering is being made in the United States and all Canadian provinces and territories except Quebec. The Prospectus Supplement, Base Prospectus and Registration Statement contain important information about the Company and the proposed Offering. Prospective investors should read the Prospectus Supplement, Base Prospectus and Registration Statement, and the documents they incorporate by reference, before making an investment decision. The final prospectus supplement (together with the related base shelf prospectus) will be available on SEDAR+ at www.sedarplus.ca. The final U.S. prospectus supplement (together with the registration statement) will be available on the SEC's website at www.sec.gov. Alternatively, the final version of the Prospectus Supplement (together with the related Base Prospectus) may be obtained, when available, upon request by contacting Morgan Stanley Canada Limited: Morgan Stanley and Co. LLC, 180 Varick St, 2nd Floor or BMO Nesbitt Burns Inc., Brampton Distribution Center C/O The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S. 6H2 at 905-791-3151 ext. 4312 or by email: [email protected]and the final U.S. Prospectus Supplement (together with the Registration Statement) is available upon request, if available, by contacting Morgan Stanley & Co. LLC: 180 Varick St, 2nd Floor or Evercore Group LLC: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by phone at (888) 474-0200 or email at [email protected].
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, territory, state or jurisdiction. The securities offered have not been approved or disapproved of by any regulatory authority, nor has any authority been issued with respect to the accuracy or adequacy of the Prospectus Supplement, Base Prospectus or Registration Statement.
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-quality lithium brine production facilities in the United States. The company gives priority to projects characterized by high-quality resources, reliable infrastructure, skilled labor and a simplified permitting system. Standard Lithium's goal is to achieve sustainable industrial-scale lithium production through the use of a scalable and fully integrated direct lithium extraction and purification process. The company's flagship projects are located in the Smackover Formation, a world-class lithium brine deposit concentrated in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the Southwest Arkansas Project, a new project located in southern Arkansas, and is actively pursuing prospective positions in lithium brine reserves in East Texas.
Standard lithium is traded on the TSX Venture Exchange (“TSHV“) and NYSE American, LLC under the symbol “SLI”.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Investor inquiries
Daniel Rosen
+1 604 409 8154
[email protected]
Media inquiries
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This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans,” “expects,” “estimates,” “intends,” “expects,” “believes,” or variations of such words, or statements that certain actions, events or results “may,” “could,” “would,” “occur,” or “achieve.” Forward-looking statements contained herein may include, without limitation, information regarding the expected filing of Prospectus Supplements, the expected sale of shares of Common Stock in the Offering, whether and when the Offering may close, satisfaction of customary closing conditions associated with the Offering, the expected use of proceeds from the Offering, the expected use of proceeds from the Offering, and statements regarding the expected benefits and consequences of the Proposal. Forward-looking statements are based on the Company's current beliefs and assumptions regarding the results and timing of future events, including, without limitation, that the Offering will be completed, the proceeds from the Offering will be used as expected and the expected benefits and effects of the Offering will be realized. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to: the Company's ability to successfully close the financing, including the filing of the Prospectus Supplement, and completion of the Offering, the expected use of the proceeds of any offering made pursuant to the Company's Base Prospectuses and any offerings to be made pursuant thereto, including the Offering, the benefits and consequences of the Offering are not as expected, risks and uncertainties associated with exploration and development, the Company's ability to obtain additional financing, the need to comply with environmental and governmental regulations in Canada and the United States, fluctuations in commodity prices, production hazards and risks, competition and other risks and uncertainties, and other factors set forth in the Base Shelf Prospectuses and Prospectus Supplements, as well as management's discussion and analysis and other disclosures Risk Factors for the Company filed on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Although the Company believes that the information and assumptions used in preparing forward-looking statements are reasonable, undue reliance should not be placed on these statements, which apply only as of the date of this press release, and no assurance can be given that such events will occur within the disclosed periods or at all. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
