July 06, 2018 – Vancouver, BC – Standard Lithium Ltd. has retained the services of Hybrid Financial Ltd. for strategic investor relations services. Specific duties include initiating and mat;p&intaining contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the company and its U.S.-based, brownfield lithium brine projects.
Hybrid was founded in early 2011 to provide retail-focused origination and distribution services to the investment management industry throughout North America. Hybrid is based in Toronto, Ont., and also has an office in Montreal, Que. Neither Hybrid nor any of its directors and officers own any securities of the company.
Pursuant to the agreement with the company, Hybrid will perform strategic investor relations services for the company for an initial period of six months, subject to agreed upon extension by the parties. In consideration for such services, the company will pay a monthly retainer fee of $14,000 and will grant 300,000 incentive stock options. The options are exercisable at a price of $1.21 and vest in four equal tranches over a 12-month period. The agreement and the options granted thereby are subject to the approval of the TSX Venture Exchange.</p>
About Standard Lithium Ltd.
The company’s flagship project is in southern Arkansas, where it is engaged in the testing and proving of commercial viability of lithium extraction from over 150,000 acres of permitted brine operations and also the resource development of over 30,000 acres of separate brine leases, both located in the Smackover formation. It is also engaged in the exploration and resource development of approximately 45,000 acres at the Bristol and Cadiz Dry Lake lithium projects located in the Mojave Desert in San Bernardino county, California.