Standard Lithium Ltd. (SLI) Financial

Standard Lithium Ltd. engages in the testing and proving of the commercial viability of lithium extraction. The company is headquartered in Vancouver, British Columbia. The firm is focused on the sustainable development of a portfolio of lithium-brine bearing properties in the United States. The firm's projects, the Phase 1A Project and the South West Arkansas Project, are located on the Smackover Formation in southern Arkansas, a region with a longstanding and established brine processing industry. The firm has also identified a number of highly prospective lithium brine project areas in the Smackover Formation in East Texas and began a brine leasing program in the key project areas. The Phase 1A Project is a brownfield project being developed in cooperation with LANXESS Corp. The South West Arkansas Project is a greenfield project located approximately 15 miles to the west of the LANXESS facilities. In addition, the Company also has an interest in certain mineral leases located in the Mojave Desert in San Bernardino County, California.