Standard Lithium Makes Better Than 99.9% Battery Quality Lithium Carbonate - Seite 2

Dr. Andy Robinson, President and COO of Standard Lithium commented, “this ongoing refinement of our SiFT crystallisation technology is emblematic of Standard Lithium’s drive to bring lithium chemical processing into the 21^st Century.  We continue to improve the technology, in terms of performance, robustness and scalability.  We are also finalising our efforts in terms of IP protection and the delivery of a full-scale crystallisation pilot plant to our South Arkansas Project site.  The combination of the Company’s SiFT and LiSTR technologies will provide a new platform for the production of battery quality lithium compounds for current and next generation lithium-ion batteries.”

Quality Assurance
Dr. Ron Molnar, Professional Metallurgical Engineer (Ontario P.E.# 100111288), is a qualified person as defined by NI 43-101, and has reviewed and approved the scientific and technical information that forms the basis for this news release.  Dr. Molnar is independent of the Company.

Grant of Options
The Company also announces that, subject to regulatory approval, it has granted a total of 4,450,000 incentive stock options (“Options”) to certain directors and officers of the Company in accordance with the Company’s incentive stock option plan, and as compensation for ongoing services rendered to the Company.  The Options vest immediately and are exercisable at a price of $0.76 for a period of thirty-six months.

About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is a specialty chemical company focused on unlocking the value of existing large-scale US based lithium-brine resources.  The Company believes new lithium production can be brought on stream rapidly by minimizing project risks at selection stage (resource, political, geographic, regulatory & permitting), and by leveraging advances in lithium extraction technologies and processes.  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 is currently installing a first-of-its-kind Demonstration Plant that will use the Company’s proprietary technology to selectively extract lithium from LANXESS’ tailbrine.  This Demonstration Plant will be used to prove commercial feasibility.  The environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium.