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Standard Lithium Ltd ( (TSE:SLI) ) just unveiled an announcement.
Standard Lithium Ltd. reported its quarterly update on the ‘at-the-market’ equity program, issuing a total of 3,551,390 common shares on both the TSX Venture Exchange and NYSE American, generating over C$789,692 and US$6,030,482 in gross proceeds, respectively. This strategic move supports the company’s financial flexibility and strengthens its position in the lithium industry, underscoring its commitment to advancing its lithium extraction projects and enhancing shareholder value.
More about Standard Lithium Ltd
Standard Lithium Ltd. is a leading near-commercial lithium development company focused on sustainable lithium-brine bearing properties in the United States. The company prioritizes projects with high-grade resources and robust infrastructure, aiming for commercial-scale lithium production through integrated direct lithium extraction processes. Its key projects include the South West Arkansas Project and the ETX project in a joint venture with Equinor ASA.
YTD Price Performance: 10.18%
Average Trading Volume: 238,193
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$464.6M
See more data about SLI stock on TipRanks’ Stock Analysis page.
