Standard Lithium Ltd
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Materials : Metals & Mining | Small Cap Blend
Based in Canada
Company profile

Standard Lithium Ltd. is a Canada-based technology and lithium development company, which is focused on the development of a portfolio of lithium-brine bearing properties in the United States utilizing Direct Lithium Extraction (DLE) and purification technologies. The Company's 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. It has commissioned its industrial-scale direct lithium extraction demonstration plant at Lanxess Project's south plant facility in southern Arkansas. The demonstration plant utilizes the Company's lithium extraction process (LiSTR) technology, which uses a grained, solid, inorganic adsorbent to selectively adsorb lithium ions from the brine. It is also engaged in the resource development of approximately 30,000 acres of separate brine leases located in south west Arkansas.

Postmarket

Last Trade
Delayed
$6.58
0.06 (0.92%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$6.52
Day's Change
0.21 (3.33%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.54
Day's Low
5.74
Volume
(Heavy Day)
Volume:
3,803,797

10-day average volume:
1,862,539
3,803,797

Standard Lithium Investigation: Block & Leviton Is Investigating Standard Lithium Ltd. For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

9:59 am ET November 30, 2021 (Globe Newswire) Print

Block & Leviton is investigating Standard Lithium Ltd. (NYSE: SLI) for potential securities law violations. Investors who have lost money in their Standard Lithium investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/sli.

What is this all about?

Before the market opened on November 18, Blue Orca Capital issued a short report alleging Standard Lithium's claims of 90% extraction rates of battery grade lithium at its Arkansas demonstration site are not supported by previously undisclosed data the company has filed with the state regulator indicating far lower recovery rates.

On this news shares of Standard Lithium stock dropped more than 9% on November 18.

Who is eligible?

Anyone who purchased Standard Lithium Ltd. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP

260 Franklin St., Suite 1860

Boston, MA 02110

Phone: (617) 398-5600

Email: cases@blockleviton.com

SOURCE: Block & Leviton LLP

www.blockleviton.com

https://ml.globenewswire.com/media/582f8ff5-dda1-458c-b0b6-cc833c566289/small/block-leviton-llp-logo.jpg

https://ml.globenewswire.com/media/582f8ff5-dda1-458c-b0b6-cc833c566289/small/block-leviton-llp-logo.jpg

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COMTEX_398023207/2010/2021-11-30T09:59:02

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