Tech Metals Archives - Page 21 of 55

VANCOUVER, British Columbia, July 20, 2021 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project development company, announces that effective immediately Dr. Volker Berl has been appointed as an independent director of the Company.

“I am pleased to welcome Dr. Berl to the board at this significant juncture in the Company’s evolution,” said Robert Cross, Chair of Standard Lithium’s board of directors. “Dr. Berl’s deep knowledge of the chemical industry coupled with his experience in institutional capital markets and an outstanding track record of investments in technology companies will be extremely valuable as we advance our goal of bringing the first new US lithium project into production in over 50 years.”

“I am excited to expand my involvement with Standard Lithium on the heels of the recent NYSE American listing and technological achievements”, Dr. Berl stated. “I look forward to representing shareholders and working closely with the board and team as they continue to execute on their strategic developments plans”.

Dr. Berl has been a venture builder and an avid serial investor since 2009. He is the Founder, Managing Partner and Chief Executive Officer of New Age Ventures, a venture studio with a portfolio of earlier stage and actively managed investments across healthcare, medical devices, digital health, cleantech, consumer tech, deep tech, applied artificial intelligence, and more. Mr. Berl is well connected in the New York technology investment community, and currently serves as a director for Gaussin S.A. (EPA:ALGAU) (since 2006), Leaderlease S.A. (since 2015), OrthogenRx, Inc. (since 2015), Venock, Inc. (since 2017), Emoshape, Inc. (since 2020), and Artract Medical, Inc. (since 2021).

Dr. Berl has held positions with BASF AG in Germany, from 2002 to 2005 in chemical manufacturing and process engineering, and in global new business development for chemical intermediates. In 2006, he was Vice President Equity Research Pharmaceuticals for Deutsche Bank, and Chief Technology Officer for bioscience company Zymes LLC from 2007 to 2009. Dr. Berl holds an M.B.A. in General Management from Concordia University (Canada), a post-doctoral chemistry fellowship from Stanford University (USA), a Ph.D. in Chemistry from the University of Strasbourg (France), a Masters in Chemical Engineering from the École Nationale Supérieure de Chimie, Polymères et Matériaux (France), and an M.Sc. in Chemistry from the Eidgenössische Technische Hochschule (Switzerland).

In connection with the appointment, Dr. Berl has been granted 22,500 performance share units (the “PSUs”), 7,500 restricted share units (the “RSUs”) and 200,000 incentive stock options (the “Options”). Each PSU and RSU represents the right to receive, once vested, one common share in the capital of the Company. The PSUs will vest upon the achievement of the performance milestones set forth in the Company’s news release of January 18, 2021. The RSUs vest quarterly in four equal parts over a twelve-month period, with the first part vesting on September 30, 2021. The Options vest immediately and are exercisable at a price of $6.08 until July 19, 2026.

The RSUs and PSUs were granted pursuant to the long-term incentive plan (the “LTIP”) previously adopted by the board of directors of the Company. Implementation of the LTIP remains subject to ratification by disinterested shareholders of the Company and approval of the TSX Venture Exchange. No PSUs or RSUs will vest, and no common shares of the Company will be issued in connection with any outstanding PSUs or RSUs, until such time as the LTIP as received approval of disinterested shareholders and the TSX Venture Exchange. In the event such approvals are not received prior to December 31, 2021, all PSUs and RSUs will be automatically cancelled without any further right or entitlement.

About Standard Lithium Ltd.

Standard Lithium is an innovative technology and lithium development company. 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 has commissioned its first-of-a-kind industrial-scale direct lithium extraction demonstration plant at Lanxess's south plant facility in southern Arkansas. The demonstration plant utilizes the company's proprietary LiSTR technology to selectively extract lithium from Lanxess's tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. The scalable, environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. The company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino county, California.

Standard Lithium is listed on the TSX Venture Exchange and the NYSE American under the trading symbol “SLI” and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.

On behalf of the Board of Standard Lithium Ltd.

Robert Mintak, CEO & Director

For further information, contact Anthony Alvaro at (604) 240 4793

Twitter @standardlithium

LinkedIn https://www.linkedin.com/company/standard-lithium/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

St. Paul, Minnesota–(Newsfile Corp. – July 19, 2021) – Poly Met Mining, Inc., a wholly-owned subsidiary of PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) (together PolyMet or the company), issued the following statement regarding today's Minnesota Court of Appeals decision remanding the Company's air permit to the Minnesota Pollution Control Agency for additional explanation supporting its permitting decision.

While disappointed in the court's decision, we stand firmly in our belief that the Minnesota Pollution Control Agency appropriately accounted for the potential effects of the NorthMet Project and will expeditiously provide the supporting explanation requested by the court.

The facts and science that prove the project can meet air quality standards are not in doubt. Copper, nickel, palladium and cobalt are high demand metals for infrastructure projects and the production of electric vehicles and renewable and clean energy technologies including solar panels, wind turbines and batteries. These mineral resources need to be mined to support future clean energy and electric mobility technologies consistent with the priorities of the Biden Administration and as outlined in a June 2021 White House report on vulnerabilities within essential supply chains. Critical minerals such as those PolyMet will produce and large capacity batteries were two of the vulnerabilities identified in the 250-page report.

* * * * *

About PolyMet

PolyMet is a mine development company that owns 100% of the NorthMet Project, the first large-scale project to have received permits within the Duluth Complex in northeastern Minnesota, one of the world's major, undeveloped mining regions. NorthMet has significant proven and probable reserves of copper, nickel and palladium – metals vital to global carbon reduction efforts – in addition to marketable reserves of cobalt, platinum and gold. When operational, NorthMet will become one of the leading producers of nickel, palladium and cobalt in the U.S., providing a much needed, responsibly mined source of these critical and essential metals.

Located in the Mesabi Iron Range, the project will provide economic diversity while leveraging the region's established supplier network and skilled workforce, and generate a level of activity that will have a significant effect in the local economy. For more information: www.polymetmining.com.

For further information, please contact:

Media
Bruce Richardson, Corporate Communications
Tel: +1 (651) 389-4111
brichardson@polymetmining.com

Investor Relations
Tony Gikas, Investor Relations
Tel: +1 (651) 389-4110
investorrelations@polymetmining.com

PolyMet Disclosures

This news release contains certain forward-looking statements concerning anticipated developments in PolyMet's operations in the future. Forward-looking statements are frequently, but not always, identified by words such as "expects," "anticipates," "believes," "intends," "estimates," "potential," "possible," "projects," "plans," and similar expressions, or statements that events, conditions or results "will," "may," "could," or "should" occur or be achieved or their negatives or other comparable words. These forward-looking statements may include statements regarding the ability to receive environmental and operating permits, job creation, and the effect on the local economy, or other statements that are not a statement of fact. Forward-looking statements address future events and conditions and therefore involve inherent known and unknown risks and uncertainties. Actual results may differ materially from those in the forward-looking statements due to risks facing PolyMet or due to actual facts differing from the assumptions underlying its predictions.

PolyMet's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and PolyMet does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations and opinions should change.

Specific reference is made to risk factors and other considerations underlying forward-looking statements discussed in PolyMet's most recent Annual Report on Form 40-F for the fiscal year ended December 31, 2020, and in our other filings with Canadian securities authorities and the U.S. Securities and Exchange Commission.

The Annual Report on Form 40-F also contains the company's mineral resource and other data as required under National Instrument 43-101.

No regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

The Annual Report on Form 40-F also contains the company's mineral resource and other data as required under National Instrument 43-101.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90639

Vancouver, British Columbia–(Newsfile Corp. – July 16, 2021) – Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) ("Millennial" or the "Company") and Ganfeng Lithium Co., Ltd. (HK: 1772 ) (OTCQX: GNENF) ("Ganfeng") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement"), dated July 16, 2021 pursuant to which Ganfeng, through a British Columbia subsidiary, will acquire all of the outstanding common shares of Millennial (each, a "Common Share") by way of a plan of arrangement (the "Arrangement"), for CAD $3.60 per Common Share (the "Purchase Price") in cash representing total cash consideration of approximately C$353 million.

Farhad Abasov, President and Chief Executive Officer of Millennial, commented:

"Millennial is pleased to receive this offer from Ganfeng, one of the largest lithium producers. Millennial's board and management believe that the Arrangement provides a very attractive opportunity for Millennial's shareholders to realize full liquidity at a substantial premium to the current share price. The Arrangement firmly validates the efforts of the Millennial team in the past four years: advancing the Pastos Grandes Project through exploration to resource estimate, PEA, DFS and ultimately a highly successful pilot pond and plant operations where we have (as described in our news release of April 21, 2021) achieved 99.96% purity battery grade lithium carbonate production. Ganfeng would bring significant technical lithium expertise to Pastos Grandes gained through their partnership with Lithium Americas Corp. at Cauchari and other projects worldwide. The premium to the current share price offered by Ganfeng brings a significant value to the Millennial shareholders. We thank all our shareholders for their support all these years. I would also like to thank our board and its Chair, Graham Harris, who is also the founder of Millennial, for their solid support."

Li Liang Bin, Chairman and President of Ganfeng, commented:

"Millennial's 100%-owned Pastos Grandes Project is an attractive, advanced stage lithium project and is in our view highly complementary to our existing footprint in Argentina. We commend Millennial on their achievements to date and we look forward to working closely with stakeholders and local communities in Argentina to deliver a lithium operation that will benefit the regional economy."

Benefits to Millennial Shareholders

Significant premium of approximately 21% over the twenty (20) day average closing price of $2.98 for the Common Shares on the TSX Venture Exchange.
All-cash offer that is not subject to a financing condition.
Voting support with voting support agreements entered into with directors and senior officers of Millennial and with Millennial's largest shareholder representing an aggregate of approximately 17% of outstanding common shares.
Removes future dilution risk associated with funding development of next phase of Pastos Grandes Project.

Millennial Board of Directors' Recommendation

After consultation with its financial and legal advisors, and on the unanimous recommendation of a special committee of directors of Millennial (the "Special Committee"), the Arrangement Agreement has been approved unanimously by the board of directors of Millennial (the "Board") and the Board recommends that Millennial shareholders ("Shareholders") vote in favour of the Arrangement. The Special Committee has received a fairness opinion from Sprott Capital Partners LP ("Sprott"), which states that the consideration to be received by Shareholders pursuant to the Arrangement is fair, from a financial point of view, to Shareholders (other than Ganfeng).

Transaction Conditions and Timing

The Arrangement will be effected by way of a court-approved plan of arrangement under the British Columbia Business Corporations Act and will be subject to the approval of: (i) 66²/₃% of votes cast by Shareholders; (ii) 66²/₃% of votes cast by Shareholders and holders ("Warrantholders" and together with Shareholders, "Voting Securityholders") of Common Share purchase warrants ("Warrants"), voting together as a group; and (iii) a simple majority of the votes cast by Shareholders excluding for this purpose the votes held by any person required under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, at a special meeting of Voting Securityholders expected to be held in September 2021 (the "Meeting"). In addition to Voting Securityholder approval, the Arrangement is also subject to the receipt of certain regulatory and court approvals, including approval by relevant authorities in the People's Republic of China and Investment Canada Act approval, and other closing conditions customary in transactions of this nature.

The Arrangement provides for, among other things, customary Board support and non-solicitation covenants, with a "fiduciary out" that would allow Millennial to accept a superior proposal, subject to a "right to match" period in favour of Ganfeng. The Arrangement Agreement also provides for (i) a termination fee of US $10 million, payable by Millennial to Ganfeng in certain specified circumstances, (ii) the reimbursement of Ganfeng's expenses up to US $500,000 if the Arrangement Agreement is terminated in certain other specified circumstances, and (iii) a reverse termination fee of US $16 million, held in escrow and payable by Ganfeng to Millennial in certain other specified circumstances.

Directors and officers of Millennial, as well as Millennial's largest shareholder, have entered into support and voting agreements pursuant to which they have agreed to vote their Common Shares in favour of the Arrangement.

As part of the Arrangement, outstanding Company convertible securities, including the Warrants, stock options ("Options"), restricted share units ("RSUs") and performance share units ("PSUs") will be acquired by the Company and cancelled. The holders of Warrants will receive cash consideration of $0.30 per whole Warrant, and the holders of Options will receive cash consideration equal to the Purchase Price less the exercise price of such Option. Holders of RSUs and PSUs will receive cash consideration equal to the Purchase Price.

Subject to certain conditions, including the parties obtaining the requisite regulatory approvals, the Arrangement is expected to close in the fourth quarter of 2021.

Upon closing of the Arrangement, the securities of Millennial are expected to be concurrently delisted from the TSX Venture Exchange.

Full details of the Arrangement will be included in a management information circular of Millennial that is expected to be mailed to Voting Securityholders by the end of August 2021 and made available on SEDAR under the issuer profile of Millennial at www.sedar.com.

Advisors and Counsel

Gowling WLG (Canada) LLP is acting as Ganfeng's legal advisor.

Credit Suisse Securities (Canada) Inc. is acting as financial advisor to Millennial, and Dentons Canada LLP is acting as Millennial's legal advisor. Sprott is acting as financial advisor to the Special Committee.

About Millennial

To find out more about Millennial Lithium Corp. please contact Investor Relations at (604) 662-8184 or email info@millenniallithium.com.

MILLENNIAL LITHIUM CORP.

About Ganfeng

Ganfeng is one of the largest producers of lithium. Ganfeng's operations are vertically integrated, encompassing all critical stages of the value chain, including upstream lithium extraction, midstream lithium compounds and metals processing as well as downstream lithium battery production and recycling. Ganfeng has one of the most comprehensive product offerings split into five major categories of more than 40 lithium compounds and metals products.

"Farhad Abasov"

President CEO and Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the Arrangement, including statements with respect to the benefits of the Arrangement to the Shareholders, the anticipated Meeting date and mailing of the information circular in respect of the Meeting, timing for completion of the Arrangement and receiving the required regulatory and court approvals, Ganfeng's expectations in respect of the Pastos Grandes Project, the accuracy of mineral resource and mineral reserve estimates at the Pastos Grandes Project and future plans and objectives of Ganfeng. The Company's current plans, expectations and intentions with respect to development of its business and of the Pastos Grandes Project may be impacted by economic uncertainties arising out of Covid-19 pandemic or by the impact of current financial and other market conditions on its ability to secure further financing or funding of the Pastos Grandes Project. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90447

Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – July 15, 2021) – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the nine months ended May 31, 2021 and provides a summary of recent events and outlook. The Company is focused on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa (the "Waterberg Project"). The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium ("4E") mine and is projected to be one of the largest and lowest cost underground platinum group metals ("PGM" or "PGMs") mines globally.

A mining right for the Waterberg Project was granted by the South African Department of Mineral Resources and Energy ("DMRE") on January 28, 2021 and was notarially executed on April 13, 2021 (the "Waterberg Mining Right"). The Company's near-term objectives are to continue working closely with established local community leadership to maximize the value of the Waterberg Project for all stakeholders and to complete construction funding and concentrate offtake arrangements for the Waterberg Project.

The Company is also advancing an initiative through Lion Battery Technologies Inc. ("Lion") in collaboration with Anglo American Platinum Limited ("Anglo") and Florida International University ("FIU"). Lion was jointly formed in 2019 by Platinum Group and Anglo to accelerate the development of next-generation lithium battery technology using platinum and palladium. Work at Lion has focused on next generation lithium Sulphur and lithium air battery chemistry. Recent results have been encouraging, including potential innovations that may apply broadly to current lithium-ion battery chemistries. Lion has now been granted three United States patents and continues research work and filing new patents to protect its discoveries and innovations.

For details of the condensed consolidated interim financial statements (the "Financial Statements") and Management's Discussion and Analysis for the nine months ended May 31, 2021 please see the Company's filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). Shareholders are encouraged to visit the Company's website at www.platinumgroupmetals.net. Shareholders may receive a hard copy of the complete Financial Statements from the Company free of charge upon request.

All amounts herein are reported in United States dollars unless otherwise specified. The Company holds cash in Canadian dollars, United States dollars and South African Rand. Changes in exchange rates may create variances in the cash holdings or results reported.

Recent Events

On April 13, 2021, representatives of the DMRE and Waterberg JV Co. completed a notarial execution of the Waterberg Mining Right. The Waterberg Mining Right has now been filed for title registration.

On March 5, 2021, the Company received notice of an appeal to the decision by the DMRE granting the Waterberg Mining Right. The notice was filed by a small group of four individual appellants from a local community. Later in April the Company received notice of two similar appeals and in May received notice of an application for an order in the High Court of South Africa to review and set aside the decision by the Minister of Environment, Forestry and Fisheries to dismiss an application for condonation for the late filing of an appeal against the Environmental Authorization granted for the Waterberg Mine on November 10, 2020. The Company believes that all requirements specified under the MPRDA have been complied with and that the DMRE correctly granted the mining right. Counsel acting for Waterberg JV Co. has filed formal rebuttals to each action. The Company continues to work in a climate of mutual respect with recognized municipal and local community leadership.

On February 5, 2021, the Company entered into an Equity Distribution Agreement with BMO Capital Markets Corp. ("BMO") to sell its common shares from time to time for up to $50.0 million in aggregate sales proceeds in "at-the-market" transactions. At February 28, 2021, the Company had sold 1,631,224 common shares at an average price of $5.10 for gross proceeds of $8.33 million. No offers or sales of common shares were made in Canada, to anyone known to be a resident of Canada or on or through the facilities of the Toronto Stock Exchange or other trading markets in Canada.

On January 28, 2021, the DMRE granted Waterberg JV Co. the Waterberg Mining Right.

On December 8, 2020, the Company closed a non-brokered private placement of 1,121,076 common shares at a price of $2.23 per share to existing major beneficial shareholder, Hosken Consolidated Investments Limited ("HCI") through its subsidiary Deepkloof Limited ("Deepkloof"), resulting in gross proceeds to the Company of $2.5 million and allowing HCI to maintain approximately a 31% interest in the Company as they held prior to the at-the-market offering completed by the Company on November 30, 2020, as described below.

On November 30, 2020, the Company completed sales of an "at-the-market" offering of common shares first announced on September 4, 2020. The offering was completed pursuant to an Equity Distribution Agreement with BMO whereby Platinum Group sold 5,440,186 common shares in the capital of the Company at an average price of $2.21 for gross proceeds of US $12.0 million. No offers or sales of common shares were made in Canada, to anyone known to be a resident of Canada or on or through the facilities of the Toronto Stock Exchange or other trading markets in Canada.

Results For The Nine Months Ended May 31, 2021

During the nine months ended May 31, 2021, the Company incurred a net loss of $8.84 million (May 31, 2020 – net loss of $5.90 million). General and administrative expenses during the period were $2.91 million (May 31, 2020 – $2.71 million). Interest expense of $3.63 million was lower in the current period (May 31, 2020 – $4.01 million) due to reduced debt levels. Gains on foreign exchange were $1.65 million (May 31, 2020 – $1.20 million loss) due to the US Dollar decreasing in value relative to the Canadian Dollar, which is the Company's functional currency. Stock based compensation expense, a non-cash item, totalled $2.77 million (May 31, 2020 – $1.14 million), which rose due to an increase in the value of the Company's shares during the period. Loss on fair value derivatives and other instruments, also a non-cash expense, was $0.61 million at May 31, 2021, versus a gain of $3.11 million in the nine months ended May 31, 2020, representing the largest period to period variance in the Company's third quarter results. At May 31, 2021, finance income consisting of interest earned and property rental fees in the period amounted to $0.07 million (May 31, 2020 – $0.13 million). Loss per share for the period amounted to $0.12 as compared to a loss of $0.10 per share for the nine months ended May 31, 2020.

Accounts receivable at May 31, 2021, totalled $0.25 million (August 31, 2020 – $0.22 million) while accounts payable and accrued liabilities amounted to $1.45 million (August 31, 2020 – $1.41 million). Accounts receivable were comprised of mainly of amounts receivable for value added taxes repayable to the Company in South Africa. Accounts payable consisted primarily of Waterberg engineering fees, accrued professional fees and regular trade payables.

Total expenditures on the Waterberg Project, before partner reimbursements, for the nine-month period were approximately $1.95 million (May 31, 2020 – $2.12 million). At May 31, 2021, $44.4 million in accumulated net costs had been capitalized to the Waterberg Project (May 31, 2020 – $34.0 million). Total expenditures on the property since inception to May 31, 2021, are approximately $78.1 million.

For more information on mineral properties, see Note 3 of the Financial Statements.

Outlook

The Company's primary business objective is to advance the Waterberg Project to development and construction. The Company continues to work closely with the DMRE, regional and local communities and their leadership on how the mine can be developed to provide optimal outcomes and best value to all stakeholders.

Detailed engineering for infrastructure and pre-construction readiness continues funded by Waterberg JV Resources Pty Ltd. The Waterberg Project engineering team is converting details from a definitive feasibility study published in September 2019 ("Waterberg DFS") into a formal cost budget estimate, with a focus on critical path elements and the first two years of construction. Roads, construction camp, power, water and project commencement are all being detailed and optimized.

The next major milestones for the Company and the Waterberg Project include further detailed work with the host communities in the area of the mine, offtake arrangements and construction financing. The Company is in discussions with several parties regarding the offtake of concentrate and detailed due diligence is underway with multiple parties for construction financing. Technical reviews are well advanced and, in some cases, complete.

The markets for platinum and palladium continue to be strong and prices are well over the Waterberg DFS sensitivity analysis upside case.

The Company's battery technology initiative through Lion with Anglo represents a new opportunity in the high-profile lithium battery research and innovation field. The investment in Lion creates a potential vertical integration with a broader industrial market development strategy to bring new technologies to market utilizing palladium and platinum. Research and development efforts by FIU on behalf of Lion continue and initial technical milestones have been achieved. Technical results from Lion's research may have application to a majority of lithium ion battery chemistries and the scope of Lion's research work is being expanded.

The Company will continue to follow government health directives in the months ahead and will make the health and safety of employees a priority. The Company plans to drive ahead with its core business objectives while carefully managing costs where possible. The health and safety of employees remains a priority.

As well as the discussions within this press release, the reader is encouraged to also see the Company's disclosure made under the heading "Risk Factors" in the Company's 2020 annual Form 20-F, which was also filed as the Company's Annual Information Form in Canada.

Qualified Person

R. Michael Jones, P.Eng., the Company's President, Chief Executive Officer and a shareholder of the Company, is a non-independent qualified person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and is responsible for preparing the scientific and technical information contained in this news release. He has verified the data by reviewing the detailed information of the geological and engineering staff and independent qualified person reports as well as visiting the Waterberg Project site regularly.

About Platinum Group Metals Ltd. and Waterberg Project

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Impala Platinum Holdings Ltd., Mnombo Wethu Consultants (Pty) Ltd. ("Mnombo"), Japan Oil, Gas and Metals National Corporation and Hanwa Co. Ltd.

On behalf of the Board of
Platinum Group Metals Ltd.

Frank R. Hallam
CFO, Corporate Secretary and Director

For further information contact:
R. Michael Jones, President
or Kris Begic, VP, Corporate Development
Platinum Group Metals Ltd., Vancouver
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
www.platinumgroupmetals.net

Disclosure

The Toronto Stock Exchange and the NYSE American have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

The recent COVID-19 pandemic and related measures taken by governments create uncertainty and may have had, and may continue to have, an adverse impact on many aspects of the Company's business, including employee health, workforce productivity and availability, travel restrictions, contractor availability, supply availability, the Company's ability to maintain its controls and procedures regarding financial and disclosure matters and the availability of capital and insurance and the costs thereof, some of which, individually or when aggregated with other impacts, may be material to the Company. On June 15, 2021, South Africa was moved to alert level 3 and later on June 28, 2021 to adjusted level 4, with the Delta variant fast becoming the dominant strain in the country. In response to uncertainty caused by the COVID-19 pandemic, the Company has implemented additional testing and monitoring protocols for its work at the Waterberg Project site and elsewhere in South Africa.

This press release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the application for an order of the High Court and appeal of the mining right, the applicable procedures, timeline and potential results thereof, the development of the Waterberg project and the potential benefits and results thereof, the market for PGMs, the results of the Waterberg DFS, financing and mine development of the Waterberg Project including potential commercial alternatives for mine development financing and concentrate offtake, the Waterberg Project becoming one of the largest and potentially lowest cash cost underground platinum group metals mines globally, financing and mine development of the Waterberg Project, the appeals of the Waterberg Mining Right, work with local communities, the availability of constructing financing on terms acceptable to the Company, the outcome of the due diligence review for construction financing, the development of lithium sulphur and lithium air batteries and the potential benefits of utilizing palladium and platinum therein, the commercialization of lithium sulphur batteries, the application for patent rights with respect to the use of platinum group metals in lithium batteries, the ability of the Company to continue to provide funding for Lion, the cost and potential of platinum group metals in batteries, and Lion's development of next generation battery technology, and the Company's other future plans and expectations. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance and that actual results may differ materially from those in forward-looking statements as a result of various factors, including possible adverse impacts due the global outbreak of COVID-19 (as described above), the Company's inability to generate sufficient cash flow or raise sufficient additional capital to make payment on its indebtedness, and to comply with the terms of such indebtedness; additional financing requirements; the senior secured facility with the Sprott Private Resource Lending II (Collector), LP ("Sprott") entered into August 21, 2019 (the "2019 Sprott Facility" of which $11.3 million in principal is outstanding at May 31, 2021) is, and any new indebtedness may be, secured and the Company has pledged its shares of PTM RSA, and PTM RSA has pledged its shares of Waterberg JV Co. to Sprott, under the 2019 Sprott Facility, which potentially could result in the loss of the Company's interest in PTM RSA and the Waterberg Project in the event of a default under the 2019 Sprott Facility or any new secured indebtedness; the Company's history of losses and negative cash flow; the Company's ability to continue as a going concern; the Company's properties may not be brought into a state of commercial production; uncertainty of estimated production, development plans and cost estimates for the Waterberg Project; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, between actual and estimated metallurgical recoveries and between estimated and actual production; fluctuations in the relative values of the U.S. Dollar, the Rand and the Canadian Dollar; volatility in metals prices; the uncertainty of alternative funding sources for Waterberg JV Co.; the Company may become subject to the U.S. Investment Company Act; the failure of the Company or the other shareholders to fund their pro rata share of funding obligations for the Waterberg Project; any disputes or disagreements with the other shareholders of Waterberg JV Co. or Mnombo; the ability of the Company to retain its key management employees and skilled and experienced personnel; conflicts of interest; litigation or other administrative proceedings brought against the Company; actual or alleged breaches of governance processes or instances of fraud, bribery or corruption; exploration, development and mining risks and the inherently dangerous nature of the mining industry, and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada and South Africa; equipment shortages and the ability of the Company to acquire necessary access rights and infrastructure for its mineral properties; environmental regulations and the ability to obtain and maintain necessary permits, including environmental authorizations and water use licences; extreme competition in the mineral exploration industry; delays in obtaining, or a failure to obtain, permits necessary for current or future operations or failures to comply with the terms of such permits; risks of doing business in South Africa, including but not limited to, labour, economic and political instability and potential changes to and failures to comply with legislation; the Company's common shares may be delisted from the NYSE American or the Toronto Stock Exchange if it cannot maintain compliance with the applicable listing requirements; and other risk factors described in the Company's most recent Form 20-F annual report, annual information form and other filings with the U.S Securities and Exchange Commission ("SEC") and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively. Proposed changes in the mineral law in South Africa if implemented as proposed would have a material adverse effect on the Company's business and potential interest in projects. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

The technical and scientific information contained herein has been prepared in accordance with NI 43-101, which differs from the standards adopted by the SEC. Accordingly, the technical and scientific information contained herein, including any estimates of mineral reserves and mineral resources, may not be comparable to similar information disclosed by U.S. companies subject to the disclosure requirements of the SEC.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90372

Figure 1

One of the SiFT lithium carbonate crystallization plant modules being lowered into position at Standard Lithium’s Demonstration Plant in El Dorado, Arkansas, USA.

Figure 2

The final module being loaded into position, with the Company’s LiSTR DLE Plant behind. Note the climate-controlled container adjacent to the SiFT Plant, which will be used to store battery-quality lithium carbonate samples produced by the plant.

EL DORADO, Ark., July 15, 2021 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), an innovative technology and lithium project development company today announced the delivery of its ‘SiFT’ lithium carbonate plant to the El Dorado Arkansas project site, located at the LANXESS South Plant facility. The SiFT Plant will be installed adjacent to and connected to the Company’s LiSTR Direct Lithium Extraction (“DLE”) pre-commercial scale demo plant. The SiFT plant is designed to take the intermediate product made by the company’s DLE process (a high purity, concentrated lithium chloride solution) and convert that into a battery-quality (or better) lithium carbonate.

The modular plant was sent as several truck-loads and has been reassembled on its purpose-built foundations. Standard Lithium and its team of engineers and operators in Arkansas, assisted by the experienced on-site team of Milam and HGA, is now reconnecting the modules, and making all utility, instrumentation, control, reagent and process-flow connections between the SiFT plant and the existing operating SLI Demo Plant. Following the connections being completed, a weatherproof structure will be installed at the site, scheduled for later this month. Once the SiFT Plant is made weatherproof, then it can be hydraulically integrated and site-specific commissioning can be completed; note that the SiFT Plant has been fully commissioned previously, and has been running successfully for several months in Vancouver. Photos of the installation process are shown below.

Figure 1: One of the SiFT lithium carbonate crystallization plant modules being lowered into position at Standard Lithium’s Demonstration Plant in El Dorado, Arkansas, USA.
https://www.globenewswire.com/NewsRoom/AttachmentNg/33b7c500-c828-4d2b-b42c-bd62a2017137

Figure 2: The final module being loaded into position, with the Company’s LiSTR DLE Plant behind. Note the climate-controlled container adjacent to the SiFT Plant, which will be used to store battery-quality lithium carbonate samples produced by the plant.
https://www.globenewswire.com/NewsRoom/AttachmentNg/7e838c9c-5dc5-4feb-b975-57e9033ceecc

The fully automated lithium carbonate crystallization plant has been designed around the Company’s proprietary ‘SiFT’ continuous fractional crystallisation technology, which has demonstrated to produce >99.9% purity (also known as ‘three-nines’) battery-quality lithium carbonate. The crystallization plant was constructed by Saltworks Technologies Inc (see the Company’s June 6, 2020 news release). The SiFT plant has been operating for the past year at a facility in the Greater Vancouver area; processing lithium chloride produced at the Company’s Arkansas site, as well as reprocessing technical grade lithium carbonate sourced from South American brine operations into battery quality Li₂CO₃.

Dr. Andy Robinson, President and COO of Standard Lithium, commented, “Due to constraints imposed on our operations by the COVID-19 pandemic, we have, up until now, been running the SiFT Plant separately at a location in the Vancouver area. This work has been extremely successful, and we have produced large volumes of better-than battery quality lithium carbonate from lithium chloride concentrates made by the El Dorado Plant. We’ve also been reprocessing very large quantities of low-quality material sourced from existing South American brine producers, and have demonstrated that the SiFT technology can easily upgrade off-spec material in a single, simple step. We’re now thrilled to move the SiFT Plant to El Dorado, which was always our plan, get the plant connected and running, and then operate the only continuous, 24/7 start-to-finish brine-to-carbonate plant in North America.”

About Standard Lithium Ltd.

Standard Lithium is jointly listed on the TSX Venture and the NYSE American Exchanges under the trading symbol “SLI”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.

On behalf of the Board of Standard Lithium Ltd.

Robert Mintak, CEO & Director

For further information, contact Anthony Alvaro at (604) 240 4793

Twitter @standardlithium

LinkedIn https://www.linkedin.com/company/standard-lithium/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

PHILADELPHIA, July 15, 2021 /PRNewswire/ —

FMC Corporation Logo. (PRNewsFoto/FMC Corporation)

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced Abizar "Zack" Zaki has been named Investor Relations director.

"Zack is an exceptional leader with broad experience across several areas of FMC," said Mark Douglas, FMC president and CEO. "He brings strong knowledge of the company's growth strategy and operating structure. I know he will serve as a valuable resource to our investor community."

Zaki joined FMC in 2013 as director of Strategy and Corporate Development, leading several major strategy and M&A efforts. He was named business director, Global Specialty Solutions in 2017, where he has led the company's high-growth non-crop business that serves diversified markets including structural pest control, lawn care, vegetation management and vector control. Earlier in his career, Zaki was a strategy consultant with Booz & Company and worked as an automation engineer for Honeywell. He earned his Bachelor of Science in chemical engineering from Mumbai University and his MBA from Duke University. Zaki will report to Douglas.

He assumes leadership of Investor Relations from Michael Wherley, who is leaving FMC in early August. "We thank Michael for his more than four years serving as IR director during a period of significant change and growth at FMC. We wish him well in his next career endeavor," Douglas said.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically without compromising safety or the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn^® and Twitter^®.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within FMC's 2020 Form 10-K filed with the SEC as well as other SEC filings and public communications. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.

Cision

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SOURCE FMC Corporation

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THUNDER BAY, ON / ACCESSWIRE / July 15, 2021 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Company" or "Great Atlantic"), is pleased to announce a non-brokered private placement offering (the "Private Placement") for aggregate gross proceeds of $1,450,000 in units of the Company (the "Units") at a price of $0.50 per Unit. Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, has indicated his intention to subscribe for the entirety of the Private Placement.

Each Unit shall be comprised of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common (a "Warrant Share") at an exercise price equal to $0.75 at any time up to 36 months from closing of the Private Placement.

The Company intends to use the gross proceeds from the sale of Units for drilling and exploration on the Golden Promise Gold Properties, located in the central Newfoundland gold belt and general working capital.

The Common Shares and the Warrant Shares to be issued under the Offering have a hold period of four months and one day closing of the Offering.

In connection with the Private Placement, the Company will pay a finder's fee in cash and finder's warrants in accordance with the policies of the TSX Venture Exchange.

The issuance of the Units and payment of the finder's fee is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

On Behalf of the board of directors

"Christopher R Anderson"
Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director

Investor Relations:
Andrew Job
1-416-628-1560
IR@GreatAtlanticResources.com
Office Line 604-488-3900

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

Forward-looking statements: This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Great Atlantic Resource Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

SOURCE: Great Atlantic Resources Corp.

View source version on accesswire.com:
https://www.accesswire.com/655642/Great-Atlantic-Announces-145-Million-Private-Placement-by-Mr-Eric-Sprott

Calgary, Alberta–(Newsfile Corp. – July 15, 2021) – West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce a non-brokered private placement offering of units (the "Units") for aggregate gross proceeds of up to CAD$2,500,000 (the "Offering").

The Offering shall consist of the sale of up to 7,142,857 Units at a price of CAD$0.35 per Unit. Each Unit shall be comprised of one (1) common share in the capital of the Company ("Common Shares") and one quarter (1/4) of one (1) Common Share purchase warrant (the " Warrants"). One (1) full Warrant, together with CAD$0.45, will entitle the holder thereof to acquire one (1) additional Common Share of the Company for a period of twelve (12) months from the date of issuance. The Warrants will not be listed on the TSX Venture Exchange (the "TSXV").

The proceeds from the Offering will be used (i) to fund and develop the pilot plant at the Company's Record Ridge magnesium and nickel mine located in Rossland, British Columbia; (ii) to support the Company's exploration at its Midnight Gold claim located in the Rossland Gold Camp in British Columbia; and (iii) for general working capital purposes.

Finder's fees may be payable to qualified agents in appropriate circumstances in connection with the Offering. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance of the TSXV. The securities issued under the Offering will be subject to a hold period in Canada expiring four months and one day from each closing date of the Offering.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration, and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium deposit using green processing techniques to minimize waste and CO₂ emissions.

Contact Information:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: frank@whyresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90306

Vancouver, British Columbia–(Newsfile Corp. – July 15, 2021) – International Lithium Corp. (TSXV: ILC) (FSE: IAH) (the "Company" or "ILC") is pleased to announce a non-brokered private placement (the "Offering") of up to 16,666,667 units ("Unit") at CAD $0.06 per Unit to raise gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional common share at an exercise price of CAD $0.08 per common share until June 30, 2024.

Proceeds of the private placement will be used for exploration on the Company's Raleigh Lake Project and for general corporate and administrative costs.

It is anticipated that some directors and insiders will participate in this Offering. The Units (to the extent subscribed for by insiders) constitute "related party transactions" pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as the subscribers include directors of the Company. The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with the Units in reliance on the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the Units does not exceed 25% of the Company's market capitalization.

Withdrawal of Previously Announced Private Placement

The Company had sought to increase the size of the oversubscribed $3,000,000 placing closed in February at 5.5 cents, but owing to the near trebling of the share price in January and February this was declined by the TSXV. Then a TSXV policy meant that it was not possible to arrange for further units to be offered at below 11 cents, and so the Company announced a private placement at 11 cents. This was not taken up after the share price fell back, and consequently, the Company now also announces the withdrawal of the non-brokered private placement (the "Offering") announced on February 19, 2021. The Offering consisted of up to 18,181,818 units ("Unit") at CAD $0.11 per Unit to raise gross proceeds of up to $2,000,000, with each Unit comprising one common share and one-half of one share purchase warrant (each whole warrant, a "Warrant") entitling the holder to acquire one additional common share at an exercise price of CAD $0.165 per common share until March 31, 2024.

About International Lithium Corp.

International Lithium Corp. believes that the '20s will be the decade of battery metals, at a time that the world faces a significant turning point in the energy market's dependence on oil and gas and in the governmental and public view of climate change. Our key mission in the new decade is to make money for our shareholders from lithium and battery metals, while at the same time helping to create a greener, cleaner planet. This includes optimizing the value of our existing projects in Canada, Argentina and Ireland as well as finding, exploring and developing projects that have the potential to become world class lithium and rare metal deposits. In addition, we have seen the clear and growing wish by the USA and Canada to safeguard their supplies of critical battery metals, and our Canadian properties are strategic in that respect.

A key goal in the new decade is to become a well funded company to turn our aspirations into reality.

International Lithium Corp. has a significant portfolio of projects, strong management, and strong partners. Partners include Ganfeng Lithium Co. Ltd., ("Ganfeng Lithium") a leading China-based lithium product manufacturer quoted on the Shenzhen and Hong Kong stock exchanges (A share code: 002460, H share code: 1772) and Essential Metals Limited, quoted on the Australian Stock exchange.

The Company's primary strategic focus is now on the Raleigh Lake lithium and rubidium project in Canada and on the Company's strategic options on the Mariana project in Argentina. In respect of the latter, the Company has announced that its board believes it to be in the best interests of the Company to sell its stake in Mariana before the next capital intensive stage of the project gets underway.

The Raleigh Lake project consists of 3,027 hectares of adjoining mineral claims in Ontario, and is regarded by ILC management as ILC's most significant project in Canada. The pegmatites explored there contain significant quantities of rubidium and caesium as well as lithium. Raleigh Lake is 100% owned by ILC, is not subject to any encumbrances, and is royalty free.

Current ownership of the Mariana lithium-potash brine project is through a joint venture company, Litio Minera Argentina S. A. ("LMA"), a private company registered in Argentina. At December 31, 2020, LMA was owned 88.4% by Ganfeng Lithium and 11.6% by ILC (percentages are subject to audit). As at mid 2021, and subject to further audit, the Company's share had been diluted to around 10%. In addition, ILC currently has an option to acquire a further 10% in LMA through a back-in right. The Mariana project is located within the renowned South American "Lithium Belt" that is the host to the vast majority of global lithium resources, reserves and production. The Mariana project strategically encompasses an entire mineral rich evaporite basin, totalling 160 square kilometres, and has over 7,800,000 tonnes of Measured and Indicated Lithium Chloride equivalent resource, ranking it as one of the more prospective salars or 'salt lakes' in the region.

Complementing the Company's lithium brine project at Mariana and rare metal pegmatite property at Raleigh Lake, are interests in two other rare metal pegmatite properties in Ontario, Canada known as the Mavis Lake and Forgan Lake projects, and the Avalonia project in Ireland, which encompasses an extensive 50-km-long pegmatite belt.

The ownership of the Mavis Lake project is now 51% Essential Metals Limited ("ESS") and 49% ILC. In addition, ILC owns a 1.5% NSR on Mavis Lake. ESS has an option to earn an additional 29% by sole-funding a further CAD $8.5 million expenditures of exploration activities, at which time the ownership will be 80% ESS and 20% ILC.

The Forgan Lake project will, upon Ultra Resources Inc. meeting its contractual requirements pursuant to its agreement with ILC, become 100% owned by Ultra Resources, and ILC will retain a 1.5% NSR on Forgan Lake.

The ownership of the Avalonia project is currently 55% Ganfeng Lithium and 45% ILC. Ganfeng Lithium has an option to earn an additional 24% by either incurring CAD $10 million expenditures on exploration activities or delivering a positive feasibility study on the project, at which time the ownership will be 79% Ganfeng Lithium and 21% ILC.

With the increasing demand for high tech rechargeable batteries used in electric vehicles and electrical storage, as well as portable electronics, lithium has been designated "the new oil," and is a key part of a "green tech" sustainable economy. By positioning itself with solid strategic partners and projects with significant resource potential, ILC aims to be one of the lithium and rare metals resource developers of choice for investors and to continue to build value for its shareholders in the '20s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO

www.internationallithium.com

For further information concerning this news release, please contact +1 604-449-6520.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the effect of results of the feasibility study of the Mariana Joint Venture Project, timing of publication of the technical reports, possible sale of the Company's interest in the Mariana Project, anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Mavis Lake projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or caesium recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company's projects, budgeted expenditures and planned exploration work on the Avalonia Joint Venture, satisfactory completion of the sale of mineral rights at Forgan Lake, increased value of shareholder investments, and continued agreement between the Company and Ganfeng Lithium Co. Ltd. regarding the Company's percentage interest in the Mariana project and assumptions about ethical behaviour by our joint venture partners where we have them. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to, those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the interim and annual Management's Discussion and Analysis, which are available at: www.sedar.com. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90385.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, July 14, 2021 (GLOBE NEWSWIRE) — Lupaka Gold Corp. ("Lupaka Gold" or the “Company") (TSX-V: LPK, FRA: LQP) announces that the Company has closed the non-brokered private placement previously announced on June 23, 2021 (the “Placement”).

The Company issued 4,000,000 units at a price of $0.05 per unit for gross proceeds of $200,000. Each unit consists of one common share of the Company (“Share”) and one transferable common share purchase warrant (“Warrant Share”) entitling the holder to purchase an additional common share of the Company at a price of $0.10 for a period of three years from the closing (the “Placement”). All Shares issued and Warrants Shares (if exercised prior to November 15, 2021) are subject to a hold period expiring four months and one day from the closing date of the Placement in accordance with applicable securities laws. Closing of the Placement is subject to final acceptance by the TSX Venture Exchange.

In connection with the subscriptions received the Company expects to pay finders’ fees in the amount of $10,000 in cash. No insiders participated in this Placement.

The proceeds of the Placement will be used to pay ongoing operating costs as the Company continues to pursue its litigation against the Republic of Peru and to support review of potential new properties.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Gordon Ellis, C.E.O.
gellis@lupakagold.com
Tel: (604) 985-3147

or visit the Company’s profile at www.sedar.com or its website at www.lupakagold.com

While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything.

And it could happen much sooner than most people realize, as some of the biggest names are already hopping on board.

Amazon has already started making deliveries with electric vans in Los Angeles, as they’ve agreed to purchase 100,000 vans from EV startup, Rivian.

The United States Postal Service just signed a 10-year, multi-billion dollar contract with Oshkosh Defense to produce thousands of electric mail trucks.

And United Airlines just placed an incredible $1 billion order with EV manufacturer, Archer, for a fleet of electric air taxis.

Legacy automakers are all making the shift too, rolling out their line of electric vehicles one by one.

Ford is set to double their investment in EVs to $22 billion, and they’re planning to release their electric version of the Mustang and the F-150, the most popular vehicle in the U.S.

Volkswagen is calling their 2021 electric crossover, the ID.4, “the most important new Volkswagen debut since the Beetle.”

And General Motors has even announced they’ll stop making gas-powered vehicles altogether by 2035.

Now, Biden has even announced plans to transition all government fleet vehicles to EVs.

This electric revolution has already led to monster gains for EV companies throughout 2020.

The EV van startup, Workhorse, saw gains of over 551%…

Tesla’s shares shot up a massive 740%…

And Blink Charging soared for incredible 1,740% gains last year.

Now, many investors are looking ahead for the next big thing in the EV markets.

And one Canadian company in EV related business has seen its momentum building steadily over the last year.

Facedrive (TSXV:FD,OTC:FDVRF) has been acquiring key pieces left and right, adding them to their electric ecosystem alongside their signature ridesharing service.

With these acquisitions, they’ve brought the EV boom into food delivery, car subscriptions, and more.

And now that Facedrive has announced a major government investment in their technology, their business could be set to take off in 2021.

Here are 3 reasons why you should be paying attention to Facedrive:

1 – Bringing EVs to the Gig Economy

Many of the biggest EV stories of late have come from either the automakers rolling out new models or companies working on building out the infrastructure…

But Facedrive is taking a different approach.

Instead, they’re using the cars those automakers have already made and turning them into an entire EV-related ecosystem.

So just like Uber has built their $96 billion business off leveraging cars they never manufactured, bought, or sold…

Facedrive connects customers looking to hail a ride, providing an eco-friendly solution.

Their model is simple.

When customers request a ride, they get their pick between riding to their destination in a standard gas-powered car, a hybrid or an electric vehicle (for no extra charge to them).

Then Facedrive’s algorithm crunches the numbers, setting aside a portion of the fare to plant trees, offsetting the carbon footprint from the ride.

Through next-gen technology and partnerships, they’re bringing EVs into the gig economy and making a splash.

That’s because Facedrive has also added a food delivery service, which has taken off since so many have been stuck at home during global lockdowns.

Today, they’re delivering over 4,100 orders per day on average. And after growing to 19 major cities, they plan to expand to more cities throughout the U.S. and Canada soon.

But they’ve also gone beyond applying EVs to the gig economy and are offering a way for people to get behind the wheel themselves without the usual sticker shock.

2 – Reinventing The Standard Model

At this point there’s no question there’s a growing demand for EVs from consumers, as this trend has spread from Europe and Asia and through North America.

And almost 3 out of 4 younger buyers even say they’re willing to pay higher prices to own an electric vehicle.

But with Facedrive’s acquisition of Steer, you can get the benefits without the large upfront cost.

Facedrive (TSXV:FD,OTC:FDVRF) recently acquired the EV subscription company from the largest clean energy producer in the United States, and they’re aiming to change the way people think about using EVs.

Steer has combined the Netflix subscription model with the EV boom to flip the traditional car ownership model on its head.

With Facedrive’s acquisition of Steer, customers pay a simple monthly fee like with Netflix, and they get access to their choice of EVs from a fleet at their disposal.

So they can borrow one whenever they need it instead of buying an EV outright – and at a fraction of the cost.

They’re up and running in the Washington D.C. market already…

And they’ve seen so much success there that they’ve decided to expand further north, to roll out the service in Toronto as well.

With two of the largest metro areas in North America in the mix, Facedrive has started paving the path for a completely unique way to save drivers money in the EV boom.

But their biggest announcement recently came thanks to their willingness to think outside the box and serve the most pressing need we’re seeing today.

3 – Taking On The Biggest Challenges

While Facedrive (TSXV:FD,OTC:FDVRF) has been busy helping bring EVs to mainstream use in creative ways, they’ve also found a way to help address the issue we’ve all been facing for the last year.

By partnering with the University of Waterloo, they’ve created a wearable contact tracing technology called TraceSCAN.

It’s designed to help alert those without cell phones after they’ve been in contact with someone who’s tested positive for COVID-19.

That’s great news for those working in schools, airports, mining, long-term care facilities, and more.

And the demand for TraceSCAN has surged in recent months, as businesses work to open safely and responsibly.

Facedrive has now signed an agreement with Canada’s largest airline, Air Canada, to use this breakthrough technology.

They’re also in discussions to continue TraceSCAN’s growth with major multinational corporations.

But perhaps the most exciting news came from a government announcement in Canada just weeks ago.

In February, the Ontario government announced they’re investing $2.5 million to help speed up the deployment of TraceSCAN to more users.

This means TraceSCAN’s technology has gotten another vote of confidence in their innovative technology… to the tune of millions from the government.

As governments and businesses around the world are doing whatever they can to stop the spread of the virus, this major announcement could help bring attention to Facedrive’s TraceSCAN technology…

Applying more pressure to other organizations and governments to act responsibly and start investing more seriously in contact tracing technology.

Setting Up For Electric Everything in 2021

As 2021 heats up, we’re seeing that the EV boom isn’t just limited to manufacturing sedans anymore.

It involves building an entire electric ecosystem and re-imagining what transportation looks like on all fronts.

That’s why Facedrive aims see their growth wave continue as they bring EVs to ridesharing, food delivery, and beyond.

Here are a few other companies who could profit in the electric future:

Tesla (NASDAQ:TSLA) is a company that has redefined the automotive industry with their electric cars. The Tesla Model S was one of the first fully electric vehicles on the market and it's still one of the best. If you're wondering if an all-electric car is right for you, read this blog post to learn more about what makes Tesla different from other EV manufacturers.

Tesla has been one of the hottest stocks on the market for the past two years. And that’s largely thanks to its CEO and hypeman, Elon Musk. As a visionary in the tech world, Musk built his empire on PayPal and then pivoted to a cause closer to his heart, Tesla. Musk has had his eye on prize long before the green energy hype started building. Tesla isn’t just about cars, however, it’s diving head first into the battery market, as well. And by extension, could completely transform renewable energy as we know it. Tesla’s battery technology is a game-changer because batteries will be the first big step towards decentralized electric grids, another innovation fueled by the dramatic rise of blockchain technology, another cause that Musk is passionate about.

NIO Limited (NYSE:NIO) is another company that manufactures all-electric vehicles. The company's headquarters are located in Shanghai, China and they have manufacturing facilities in Nanjing, Jiangsu Province; Pune, Maharashtra; Lancaster, California; Tilburg, Netherlands and San José dos Campos, São Paulo State. Nio was founded on September 12th 2015 by William Li. NIO has raised $1 billion since the start of their first round of funding back in 2014 with investors including Tencent Holdings Ltd., Temasek Holdings Pte. Ltd., Baidu Inc., Sequoia Capital as well as other prominent firms such as GIC Private Limited (formerly known as Government of Singapore Investment Corporation) and TPG Growth among others.

Nio had an incredible 2020, taking the market by storm. And it’s surprising because no one could have imagined how successful the company was going to be. Investors were ready to leave it for dead. But Nio powered on, blew away estimates, and most importantly, kept its balance sheet in line. And it’s paid off. In a big way.

In addition to its automotive push, however, Nio, Tesla’s largest competitor in China, has also started to offer a batteries-as-a-service concept, in which car buyers can ‘lease’ the battery of their vehicle and save as much as $10,000 on the price of a new vehicle, while also offering buyers the option to swap batteries after a few years of use. And that’s huge news in the lithium world, because it will mean give miners even greater incentive to sign deals with the battery innovator.

General Motors (NYSE:GM) is one of the world's largest and most recognizable automakers. They have a wide variety of vehicles to suit every kind of budget, with their Chevrolet brand being one of the best-selling in America. GM has been around for over 100 years and has always had a focus on technology, innovation, safety, sustainability and value. What started as just the Buick car company back in 1904 is now an internationally recognized name that produces cars in 34 countries across six continents.

just started a joint venture with Korea’s LG Chem to mass produce next-gen battery cells for electric vehicles, together investing $2.3 billion over the next few years. That’s not all its working on, either. In October, auto industry legend, GM announced that its majority-owned subsidiary, Cruise, has just received approval from the California DMV to test its autonomous vehicles without a driver. And while they’re not the first to receive such an approval, it’s still huge news for GM.

Cruise CEO Dan Ammann wrote in a Medium post, “Before the end of the year, we’ll be sending cars out onto the streets of SF — without gasoline and without anyone at the wheel. Because safely removing the driver is the true benchmark of a self-driving car, and because burning fossil fuels is no way to build the future of transportation.”

Ford (NYSE:F) is one of the most recognized automakers in the world. In the late 1800s, Henry Ford transformed the automobile industry by creating a car that was affordable to most Americans. He also made it possible for people to buy their own cars with installment plans. This allowed for more people in America to have access to transportation and do things they couldn't before such as travel farther distances or move away from home. Car ownership would eventually come with privileges like being able to vote, drive without restrictions, and make purchases without relying on others.

Ford is another Detroit automaker making the jump to EVs – and seeing shares jump in the process. They recently announced they’ll be boosting their spending on EVs to $27 billion through mid-decade. That big investment includes plans of their own to develop an electric cargo van and a plug-in version of their bestseller F-150 pickup truck.

Ford isn’t going to be left out of the autonomous vehicle boom, either. The company, for its part, has recently revealed plans to launch its self-driving business in 2022. The new vehicles, in partnership with Argo AI, a Philadelphia-based autonomous vehicle startup, will include major upgrades from advanced Lidar technology and high resolution cameras.

Blink Charging (NASDAQ:BLNK) is an innovative company that has created a solution for electric vehicle owners to charge their car in the blink of an eye. Blink's technology allows drivers to pull up and plug in, then walk away as the car charges. This means more time spent on other tasks or with family instead of waiting around for your battery to fill up!

Blink chargers are currently available at over 300 locations across North America and Europe. They're also expanding into airports, hotels, restaurants, and gas stations–perfect for those who don't have access to home charging facilities. Blink Charging is revolutionizing the way we think about electric vehicles by making them accessible anywhere you go!

Blink was one of the darlings of the EV boom last year because of its expansion in EV charging technology. With their chargers deployed at airports, car dealers, hospitals, restaurants, retailers, and schools across the nation, Blink recently saw shares jump 76% in just one month. A wave of new deals, including a collaboration with EnerSys and another with Envoy Technologies to deploy electric vehicles and charging stations adds further support to its success.

Michael D. Farkas, Founder, CEO and Executive Chairman of Blink noted, “This is an exciting collaboration with EnerSys because it combines the industry-leading technologies of our two companies to provide user-friendly, high powered, next-generation charging alternatives. We are continuously innovating our product offerings to provide more efficient and convenient charging options to the growing community of EV drivers.”

Canada is ramping up its own electric vehicle push, as well. GreenPower Motor (NASDAQ:GP, TSX:GPV) is a company that was founded in 2007 and has been providing motors for the green energy industry. They've used their know-how to produce high quality, efficient and cost effective motors. The company's products are used by some of the world's top manufacturers such as Caterpillar, Komatsu, GE Energy and Siemens. GreenPower Motor offers a range of new services including Power Plant Designing Services and Consulting Services which help clients understand how they can improve power plant efficiency using electric motors.

Right now, it is primarily focused on the North American market, but the sky is the limit as the pressure to go green grows. GreenPower has been on the frontlines of the electric movement, manufacturing affordable battery-electric busses and trucks for over ten years. From school busses to long-distance public transit, GreenPower’s impact on the sector can’t be ignored.

Lithium Americas Corp. (NYSE:LAC, TSX:LAC) is a leading producer of lithium and has been developing the Salar de Atacama in Chile for over 20 years. The company's focus on responsible production practices, employee safety, and environmental stewardship have earned them top rankings among mining companies

In a way, Lithium Americas is literally fueling the green energy boom. With two world-class lithium projects in Argentina and Nevada, Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It’s already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company’s ambitious plans, and it will likely continue its promising growth and expansion for years to come.

It’s not ignoring the growing demand from investors for responsible and sustainable mining, either. In fact, one of its primary goals is to create a positive impact on society and the environment through its projects. This includes cleaner mining tech, strong workplace safety practices, a range of opportunities for employees, and strong relationships with local governments to ensure that not only are its employees being taken care of, but locals as well.

NFI Group (TSX:NFI) is a manufacturer of electric vehicles. The company has been in the business for over 50 years, and they are best known for their innovative design that offers high-quality and low-cost options. They have built more than 10 million cars worldwide, which means they know what they’re doing! NFI Group manufactures electric vehicle components as well as complete vehicles. Their factory produces battery packs, motors, controllers, chargers, inverters and other electrical equipment to meet all types of customer requirements.

NFI produces transit busses and motorcycles, as well. NFI had a difficult start to the year, but it since cut its debt and begun to address its cash flow struggles in a meaningful way. Though it remains down from January highs, NFI still offers investors a promising opportunity to capitalize on the electric vehicle boom.

Celestica (TSX:CLS) is closely tied to the green energy boom. Celestica’s wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy and enough health technology.

Thanks to its exposure to the renewable energy market, Celestica’s future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and developers.

Maxar Technologies (TSX:MAXR) is a high flying tech stock to watch in the energy transition. Why? Its wholelly-owned subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency. And it’s greener than traditional power sources.

Thanks to Maxar’s incredible tech and innovative approach to the already-extremely complicated space industry, the company has seen its share price climb where many of its peers have struggled. In fact, in just the past two years, Maxar has seen its share price increase by well over 1000%. And as the company secures more deals in the great beyond, the innovative firm will likely maintain its upward trajectory for some time.

Another way to gain exposure to the electric vehicle industry is through AutoCanada (TSX:ACQ), a company that operates auto-dealerships through Canada. The company carries a wide variety of new and used vehicles and has all types of financial options available to fit the needs of any consumer. While sales have slumped this year due to the COVID-19 pandemic, AutoCanada will likely see a rebound as both buying power and the demand for electric vehicles increases. As more new exciting EVs hit the market, AutoCanada will surely be able to ride the wave.

Shaw Communications Inc. (TSX:SJR) is major player in the Canadian telecoms sector. It owns a ton of infrastructure throughout Canada and its cloud services and open-source projects look to address some of the biggest issues that its customers might face before the customers even face them. As online gaming depends on solid internet connections, Shaw will likely become a backdoor benefactor in increased online activity. Not only that, it’s growing higher on ESG investors’ lists, as well, thanks to its forward-thinking approach to the environment and its governance.

By. Max Gibson

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will achieve its plans for manufacturing and selling Tracescan devices; that Facedrive will be able to expand to the US and globally; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (TSX:FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

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Read this article on OilPrice.com

Copper prices hit an all-time high in May but have been down recently. Photo: Central Copper Resources

Central Copper Resources (CCR), which mines in Congo and Zambia, is gearing up to launch on the London Stock Exchange as copper prices lost ground.

CCR is finalising the documentation and procedures for admission into the exchange's AIM, the market for small and medium size growth companies.

It plans to use the money raised from the IPO to “advance the high grade Mbamba Kilenda copper project in the Congo towards production and to continue high impact exploration” at its Titan project in the Congo and the Lunga project in Zambia.

The funds will go towards direct exploration and evaluation work programmes.

“We believe that we are listing on AIM at a good time in the project life cycles of the portfolio and given the recent performance of the copper price,” said CEO Kevin van Wouw.

Copper prices reached an all-time high in May as commodities markets soared as hopes of a global economic recovery creates demand for raw materials.

But recently they have been slipping, falling again on Wednesday amid concerns Chinese industrial demand is slowing and as investors wait for clarification from US central bank officials on rate policy, after data showed rising inflation.

‘’Central Copper Resources is well placed to capitalise on the strong demand for copper forecast as the combustion engine is phased out and the adoption of electric vehicles accelerates,” Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown told Yahoo Finance UK.

“Quality copper ore is considered to be in relatively short supply so if the exploration is successful the company would stand to benefit from new mines coming online,” she said

But she warned about the risks of falling prices, and said investors should also be aware "that mining is highly capital intensive and this company does not offer anywhere near the same level of diversification as mining giants such as Glencore (GLEN.L) and Anglo American (AAL.L)."

Meanwhile, London has become home to a number of initial public offerings this year as the City seeks to attract more listings from innovative companies.

A boom in firms listing on the London Stock Exchange powered it to the best first quarter for listings in 15 years.

Watch: What are negative interest rates

Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – July 14, 2021) – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") and subsidiary Lion Battery Technologies Inc. ("Lion") reports that the U.S. Patent and Trademark Office has issued a third patent to Florida International University ("FIU") related to platinum group metals ("PGMs") being used in lithium batteries. Specifically, this third patent is related to PGMs in the "Next Generation" Lithium Sulphur Batteries. Under a sponsored research agreement, Lion has exclusive rights to all technology being developed by FIU with Lion funding, including granted patents.

The new patent was issued on June 15, 2021, entitled "Battery Cathodes for Improved Stability" with patent number US 11,038,160 B2. The patent covers a preparation method using PGM catalysts in carbon materials for use as cathodes with increased emphasis on Lithium Sulphur Batteries. The new patent broadens protection for US patent 10,734,636 B2 issued to FIU on August 4, 2020, covering the composition of carbon cathodes containing PGMs.

Lithium Sulphur Batteries are well known to have the potential for a significant increase in power to weight ratios over traditional lithium-ion batteries popular in EV applications, such as those utilizing nickel, manganese and cobalt or "NMC" cathodes. One of the challenges in Lithium Sulphur Batteries is getting them to charge and discharge hundreds of times as required in commercial settings.

Dr. Bilal El-Zahab, the project leader of the Lion Battery work at FIU commented, "We are pleased to receive this important patent for the use of PGMs in Lithium Sulphur Batteries. As outlined in our patent application, we are seeing 2 times capacity retention after 100 cycles using PGMs versus the control group without PGMs. We have observed Lithium Sulphur Batteries with cycling performance at nearly 300 cycles with greater than 70% capacity retention relative to the first cycle. We are still working on optimizing performance and we are working towards 500+ cycles. The initial results are encouraging and indicate that PGMs can bring significant performance improvements to high power to weight Lithium Sulphur Batteries."

In addition to the above new patent, a further final patent application has also been filed for specific application of PGMs in most lithium batteries, including current lithium-ion chemistries. A PGM bearing separator is showing good promise to extend the life of a lithium metal anode, which for example, may allow for weight savings by the elimination of graphite at the anode.

R. Michael Jones, CEO of Platinum Group said, "Lion's patents and research work continue to show the potential of PGMs to improve the performance of lithium batteries. PGMs are well known to be good catalysts, encouraging reactions, and a little bit can go a long way. Using PGMs to thrift out other costly and heavy battery components while improving battery performance is the focus of our exciting research."

Lion is a private company formed jointly in 2019 by Anglo American Platinum Limited, one of the world's leading primary producers of platinum group metals, and the Company to accelerate the development of next-generation battery technology using platinum and palladium. The Company currently owns 53.7% in Lion. Dr. El-Zahab, with prior battery research and development experience and post-doctoral work completed at the Massachusetts Institute of Technology, is the head of the Lion battery research team and was recently appointed to the Board of Lion Battery Technologies Inc.

About Platinum Group Metals Ltd.

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a 19.5 million ounce proven and probable reserve, bulk underground palladium, platinum and gold deposit located in South Africa. The Waterberg Project was discovered by PTM and is being jointly developed with Impala Platinum Holdings Ltd., Japan Oil, Gas and Metals National Corporation, Mnombo Wethu Consultants (Pty) Ltd. and Hanwa Co. Ltd.

Platinum Group Metals is investing in energy efficiency innovation, such as with Lion, where PGMs can play an important role. As the majority owner of the Waterberg Project, the Company views the innovative use of PGMs in new technology as an opportunity.

Disclosure

The Toronto Stock Exchange and the NYSE American have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

The recent COVID-19 pandemic and related measures taken by government create uncertainty and have had, and may continue to have, an adverse impact on many aspects of the Company's business, including employee health, workforce productivity and availability, travel restrictions, contractor availability, supply availability, the Company's ability to maintain its controls and procedures regarding financial and disclosure matters and the availability of capital and insurance and the costs thereof, some of which, individually or when aggregated with other impacts, may be material to the Company.

This press release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws (collectively "forward-looking statements") including statements regarding the development of the Waterberg project and the potential benefits and results thereof; the potential use of palladium and platinum in lithium battery applications; the development of Lithium Sulphur Batteries and the potential benefits of utilizing palladium and platinum therein; the commercialization of Lithium Sulphur Batteries; the application for patent rights with respect to the use of platinum group metals in lithium batteries; the potential use and benefits of a bearing containing platinum group metals in lithium metal anodes; the ability of the Company to continue to provide funding for Lion; the market for platinum group metals, the cost and potential of platinum group metals in batteries, and Lion's development of next generation battery technology; the Waterberg Project becoming one of the largest and potentially lowest cash cost underground platinum group metals mines globally, financing and mine development of the Waterberg Project; and the Company's other future plans and expectations. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including possible adverse impacts due the global outbreak of COVID-19 (as described above), the Company's inability to meet its funding requirements and other obligations under the sponsored research agreement between Lion and FIU, the Company's inability to generate sufficient cash flow or raise sufficient additional capital to make payment on its indebtedness, and to comply with the terms of such indebtedness; additional financing requirements; the US $20 million senior secured facility with the Sprott Private Resource Lending II (Collector), LP ("Sprott") entered into August 21, 2019 (the "2019 Sprott Facility") is, and any new indebtedness may be, secured and the Company has pledged its shares of Platinum Group Metals (RSA) (Pty) Ltd. ("PTM RSA"), and PTM RSA has pledged its shares of Waterberg JV Co. to Sprott, under the 2019 Sprott Facility, which potentially could result in the loss of the Company's interest in PTM RSA and the Waterberg Project in the event of a default under the 2019 Sprott Facility or any new secured indebtedness; the Company's history of losses and negative cash flow; the Company's ability to continue as a going concern; the Company's properties may not be brought into a state of commercial production; uncertainty of estimated production, development plans and cost estimates for the Waterberg Project; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, between actual and estimated metallurgical recoveries and between estimated and actual production; fluctuations in the relative values of the U.S. Dollar, the Rand and the Canadian Dollar; volatility in metals prices; the uncertainty of alternative funding sources for Waterberg JV Co.; the Company may become subject to the U.S. Investment Company Act; the failure of the Company or the other shareholders to fund their pro rata share of funding obligations for the Waterberg Project; any disputes or disagreements with the other shareholders of Waterberg JV Co. or Mnombo; the ability of the Company to retain its key management employees and skilled and experienced personnel; conflicts of interest; litigation or other administrative proceedings brought against the Company, including the appeal of the mining right; an adverse decision on the appeal on the Mining Right could delay or prevent the Company from having the mining right reinstated and developing the Waterberg Project; actual or alleged breaches of governance processes or instances of fraud, bribery or corruption; exploration, development and mining risks and the inherently dangerous nature of the mining industry, and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada and South Africa; equipment shortages and the ability of the Company to acquire necessary access rights and infrastructure for its mineral properties; environmental regulations and the ability to obtain and maintain necessary permits, including environmental authorizations and water use licences; extreme competition in the mineral exploration industry; delays in obtaining, or a failure to obtain, permits necessary for current or future operations or failures to comply with the terms of such permits; risks of doing business in South Africa, including but not limited to, labour, economic and political instability and potential changes to and failures to comply with legislation; the Company's common shares may be delisted from the NYSE American or the Toronto Stock Exchange if it cannot maintain compliance with the applicable listing requirements; and the other risk factors described in the Company's Form 20-F annual report, annual information form and other filings with the Securities and Exchange Commission and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90150

Vancouver, British Columbia–(Newsfile Corp. – July 14, 2021) – Great Atlantic Resources (TSXV: GR) (FSE: PH02) has completed the first hole of its 2021 diamond drill program at its Golden Promise Gold property in Central Newfoundland, intersecting multiple quartz veins, with visible gold evident in one vein. The 100% owned Golden Promise Property is one of the company's eight properties, which cover an area of 25,700 hectares, located within the central Newfoundland gold belt.

For more information, please view the InvestmentPitch Media "video" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Great Atlantic" in the search box.

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This is a resumption of Phase 2 diamond drilling at the gold bearing Jaclyn Zone, located within the northern region of the Golden Promise Property, which hosts five gold bearing quartz veins systems, being the Jaclyn Main, Jaclyn North, Jaclyn South, Jaclyn East and Jaclyn West Zones. The current Phase 2 drilling will include up to 33 drill holes, totalling approximately 5,000 metres, at the gold bearing Jaclyn Zone with holes planned at the Jaclyn Main Zone and Jaclyn North Zone.

Drill hole GP-21-149, an in-fill hole, was drilled to a length of 96 meters, within the west region of the Jaclyn Main Zone between 2019 drill holes which had intersected high grade gold mineralization. Drilling is underway on GP-21-150, also an in-fill hole in the western part of the Jaclyn Main Zone. Multiple quartz veins were intersected in GP-21-149, with visible gold evident in a 0.30-meter long (core length) quartz vein intersected between 50.10 to 50.40 meters. Drill core from GP-21-149 is currently being geologically logged and sampled at the company's secure facility in central Newfoundland prior to being submitted to a certified laboratory for gold assay and multi-element analysis.

The objective of these holes and subsequent holes is to further define the zone and provide information for an updated resource estimate. Most of these holes are planned within the central to west region of the zone, testing above 200 metres vertical depth, with two holes planned in the east part of the Jaclyn Main Zone to test the zone at 200 to 350 metres vertical depth.

Great Atlantic confirmed high-grade gold at the Jaclyn Main Zone during 2019 drilling, including near surface intercepts of 113.07 grams per tonne gold over 0.55 metres and 61.35 grams per tonne gold over 2.04 metres, and 15.8 grams per tonne gold over 2.70 metres, plus an interval of multiple gold bearing veins in one drill hole averaging 2.30 grams per tonne gold over 25.25 metres. The planned drilling at the Jaclyn North Zone will further test the area east of historic drill holes including the area of an approximate 300-metre long zone of gold-bearing quartz vein boulders.

Three drill holes completed by the company during 2020 in this area intersected gold bearing quartz veins and extended the Jaclyn North quartz vein system approximately 260 metres east of historic drilling. The company collected gold bearing quartz boulder samples in this area during 2017, including samples returning 163, 208 and 332 grams per tonne and again in 2020 including samples returning 17.4, 26.7 and 157.6 grams per tonne gold.

The company reported a NI 43-101 compliant inferred resource estimate during late 2018 for the Jaclyn Main Zone of 357,500 tonnes at 10.4 grams per tonne gold for 119,000 ounces uncapped.

Viewers are warned that mineralization at the Valentine Gold Project, the Moosehead Gold Project, the Queensway Project, and elsewhere within the Exploits Subzone is not necessarily indicative of mineralization on the company's Golden Promise Property.

Great Atlantic, with a number of properties in the Atlantic provinces, is utilizing a Project Generation model, with a special focus on critical elements which are prominent in Atlantic Canada, such as Antimony, Tungsten and Gold.

For more information, please visit the company's website www.GreatAtlanticResources.com, contact Christopher R. Anderson, President & CEO, at 604-488-3900 or email office@GreatAtlanticResources.com. For Investor Relations contact Andrew Job at 416-628-1560 or IR@GreatAtlanticResources.com.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90190

In this article, we will be looking at the 10 best agriculture stocks to invest in. If you want to skip our detailed analysis of the agriculture sector, you can go directly to see the 5 Best Agriculture Stocks to Invest In.

When the pandemic broke out, a range of industries and sectors were horribly impacted and adversely affected, particularly in light of disruptions in global supply chains. The food and agriculture sector is no stranger to these developments and faced unprecedented volatility due to the pandemic. As people stopped going out to eat because of stay-at-home restrictions, demand for food materials from restaurants and the like plummeted, as consumer spending on food dropped by 47% in April last year, as compared to three months prior. At the same time, demand for foodstuffs and agricultural produce rose as more people began cooking at home, as witnessed by a 22% increase in consumer spending on homemade food last March.

Despite the increased volatility in the sector, sustainable agriculture and the agtech sector witnessed a rise in investor support and spending when the pandemic broke out. A TechAccel article claimed that in 2020, about $6.9 billion were poured into 385 companies in the sustainable agriculture and agtech sectors, a stunning increase in comparison to 2017 numbers of $3.4 billion in investment across 245 companies. This, coupled with the fact that demand for agricultural commodities has been rising after the initial setbacks during the starting months of the pandemic, has meant that the agriculture sector has started to become an attractive investment opportunity.

S&P Global has cited US Department of Agriculture statistics indicating that the demand for agricultural products may be rising because of China's grain purchases, with corn imports so far this year having reached an all-time high of 24 million mt. Along with the rising demand for agricultural products, we are also seeing rising prices with US corn, soybean, and wheat costs having risen by about 30-120% in the last one year period until the end of April. Despite this, demand for agricultural products remains robust, and the industry seems set to benefit in the long run, with major agriculture stocks like Caterpillar Inc. (NYSE: CAT), Bunge Limited (NYSE: BG), Archer-Daniels-Midland Company (NYSE: ADM) and The Scotts Miracle-Gro Company (NYSE: SMG) at the forefront. Hence, we have compiled a list of the best agriculture stocks to invest in.

Photo by Sebastian Gómez on Unsplash

Investing is becoming difficult by the day, even for the smart money. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and February 26th 2021 our monthly newsletter’s stock picks returned 197.2%, vs. 72.4% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 13% through November 16th. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Without further ado, let's look at the 10 best agriculture stocks to invest in. The stocks added to our list below were selected on the basis of hedge fund sentiment, analysts' ratings, fundamentals, and growth potential based on core business strengths.

Best Agriculture Stocks To Invest In

10. Gladstone Land Corporation (NASDAQ: LAND)

Number of Hedge Fund Holders: 6

Gladstone Land Corporation (NASDAQ: LAND) is a real estate investment trust that operates in the acquisition and ownership of farmland and farm-related properties in American agricultural markets. The company leases its properties to third-party farmers. It ranks 10th on our list of the best agriculture stocks to invest in.

This March, B. Riley Securities raised its price target on Gladstone Land Corporation (NASDAQ: LAND) from $17.50 to $21 with a Buy rating on the shares. Analyst Craig Kucera commented that 2021 would be a year of exceptional growth for the company. Gladstone Land Corporation (NASDAQ: LAND) also acquired yet another 639 gross acres of farmland in California this June for about $24.5 million.

In the first quarter of 2021, Gladstone Land Corporation (NASDAQ: LAND) had an FFO of $0.18, beating estimates by $0.04. The company's revenue was $16.03 million, up 4.93% year over year and beating estimates by $0.80 million. Gladstone Land Corporation (NASDAQ: LAND) has a gross profit margin of 88.95% and has gained 63.89% in the past 6 months and 67.67% year to date.

As of the end of the first quarter of 2021, 6 hedge funds out of the 866 tracked by Insider Monkey held stakes in Gladstone Land Corporation (NASDAQ: LAND) worth roughly $7.1 million. This is compared to 11 hedge funds in the previous quarter with a stake value of about $17.29 million.

Like Caterpillar Inc. (NYSE: CAT), Bunge Limited (NYSE: BG), Archer-Daniels-Midland Company (NYSE: ADM), and The Scotts Miracle-Gro Company (NYSE: SMG), Gladstone Land Corporation (NASDAQ: LAND) is a good agriculture stock to buy.

9. Tyson Foods, Inc. (NYSE: TSN)

Number of Hedge Fund Holders: 28

Tyson Foods, Inc. (NYSE: TSN) is a global food company. It processes live-fed cattle and live market hogs, raises and processes chickens, and supplies poultry breeding stock among other services. The company ranks 9th on our list of the best agriculture stocks to invest in.

This May, Tyson Foods, Inc. (NYSE: TSN) was upgraded to Buy at Argus, with a $92 price target on the shares. Analyst John Staszak used the company's positive fiscal second-quarter earnings report to justify the upgrade, commenting that Tyson Foods, Inc.'s (NYSE: TSN) balance sheet and financial resources are highly beneficial for the company, and it will also gain from a rising protein demand. Staszak followed this up by raising his EPS view for the company to $6.20.

In the fiscal second quarter of 2021, Tyson Foods, Inc. (NYSE: TSN) had an EPS of $1.34, beating estimates by $0.21. The company's revenue was $11.30 billion, up 3.78% year over year and beating estimates by $110.31 million. Tyson Foods, Inc. (NYSE: TSN) has a gross profit margin of 14.06% and has gained 13.2% in the past 6 months and 14.25% year to date.

As of the end of the first quarter of 2021, 28 hedge funds out of the 866 tracked by Insider Monkey held stakes in Tyson Foods, Inc. (NYSE: TSN) worth roughly $761 million. This is compared to 38 hedge funds in the previous quarter with a stake value of about $867 million.

Like Caterpillar Inc. (NYSE: CAT), Bunge Limited (NYSE: BG), Archer-Daniels-Midland Company (NYSE: ADM), and The Scotts Miracle-Gro Company (NYSE: SMG), Tyson Foods, Inc. (NYSE: TSN) is a good agriculture stock to buy.

8. FMC Corporation (NYSE: FMC)

Number of Hedge Fund Holders: 32

FMC Corporation (NYSE: FMC) is an agricultural sciences company providing crop protection, plant health, precision agriculture, and professional pest and turf management products. It ranks 8th on our list of the best agriculture stocks to invest in.

This February, Monness Crespi upgraded FMC Corporation (NYSE: FMC) from Neutral to Buy with a $126 price target. The company has also provided Q2 guidance for its EPS and revenue this May, seeing an EPS of $1.68-$1.88 versus estimates of $1.81, and revenue of $1.19-$1.26 billion.

In the first quarter of 2021, FMC Corporation (NYSE: FMC) had an EPS of $1.53, beating estimates by $0.02. The company's revenue was $1.20 billion, also beating estimates by $21.06 million. FMC Corporation (NYSE: FMC) has a gross profit margin of 43.66% and has gained 7.06% in the past year.

As of the end of the first quarter of 2021, 32 hedge funds out of the 866 tracked by Insider Monkey held stakes in FMC Corporation (NYSE: FMC) worth roughly $499 million. This is compared to 45 hedge funds in the previous quarter with a stake value of about $571 million.

Like Caterpillar Inc. (NYSE: CAT), Bunge Limited (NYSE: BG), Archer-Daniels-Midland Company (NYSE: ADM), and The Scotts Miracle-Gro Company (NYSE: SMG), FMC Corporation (NYSE: FMC) is a good agriculture stock to buy.

7. Nutrien Ltd. (NYSE: NTR)

Number of Hedge Fund Holders: 33

Nutrien Ltd. (NYSE: NTR) is a provider of crop inputs, services, and solutions. The company provides consumers with potash, nitrogen, phosphate, and sulfate products, alongside financial solutions, and ranks 7th on our list of the best agriculture stocks to invest in.

This July, RBC Capital raised its price target on Nutrien Ltd. (NYSE: NTR) from $63 to $69, keeping an Outperform rating on the shares. Analyst Andrew Wong commented that Nutrien Ltd. (NYSE: NTR) is set to benefit from a robust ag environment and rising prices of fertilizers, which will foreseeably raise the company's estimates and cash flow.

In the first quarter of 2021, Nutrien Ltd. (NYSE: NTR) had an EPS of $.029, beating estimates by $0.20. The company's revenue was $4.45 billion, up 11.90% year over year and surpassing the previous quarter's $3.85 billion revenue. Nutrien Ltd. (NYSE: NTR) has a gross profit margin of 26.86% and has gained 15.35% in the past 6 months and 24.22% year to date.

As of the end of the first quarter of 2021, 33 hedge funds out of the 866 tracked by Insider Monkey held stakes in Nutrien Ltd. (NYSE: NTR) worth roughly $895 million. This is compared to 25 hedge funds in the previous quarter with a stake value of about $754 million.

Like Caterpillar Inc. (NYSE: CAT), Bunge Limited (NYSE: BG), Archer-Daniels-Midland Company (NYSE: ADM), and The Scotts Miracle-Gro Company (NYSE: SMG), Nutrien Ltd. (NYSE: NTR) is a good agriculture stock to buy.

Miller/Howard Investments, an investment management firm, mentioned Nutrien Ltd. (NYSE: NTR) in its first-quarter 2021 investor letter. Here's what they said:

“For the most part, performance of the stocks within the Income-Equity Strategies was skewed towards the high-performing market sectors with two exceptions – our consumer discretionary and technology stocks both did better than their broad market peers… We bought Nutrien (NTR), a producer of fertilizer, which we believe should benefit from increasing crop prices.”

6. The Scotts Miracle-Gro Company (NYSE: SMG)

Number of Hedge Fund Holders: 34

The Scotts Miracle-Gro Company (NYSE: SMG) is a manufacturer and seller of consumer lawn and garden products in the US and internationally. It offers fertilizers, grass seed products, pest and disease control products, and other related items. The company ranks 6th on our list of the best agriculture stocks to invest in.

This June, UBS initiated coverage of The Scotts Miracle-Gro Company (NYSE: SMG) with a Buy rating and a $225 price target. Raymond James has also kept its Strong Buy rating on the shares as of this June.

In the fiscal second quarter of 2021, The Scotts Miracle-Gro Company (NYSE: SMG) had an EPS of $5.64, beating estimates by $0.07. The company's revenue was $1.83 billion, up 32.25% year over year and beating estimates by $95.86 million. The Scotts Miracle-Gro Company (NYSE: SMG) has a gross profit margin of 32.75% and has gained 31.39% in the past year.

As of the end of the first quarter of 2021, 34 hedge funds out of the 866 tracked by Insider Monkey held stakes in The Scotts Miracle-Gro Company (NYSE: SMG) worth roughly $445 million. This is compared to 29 hedge funds in the previous quarter with a stake value of about $454 million.

Roubaix Capital LLC, an investment management firm, mentioned The Scotts Miracle-Gro Company (NYSE: SMG) in its fourth-quarter 2020 investor letter. Here's what they said:

“Companies including Scotts Miracle-Gro (SMG) have seen their sales accelerate to unsustainable levels that are not consistent with their mature end markets. We expect sales to slow and eventually give back some of the one-time gains caused by the unusual circumstances of 2020. Further, we question the sustainability of current peak valuations in the face of likely peak sales. We believe companies with such characteristics could face a combination of negative earnings revisions and lower valuations as the demand reality sets in this year. We also anticipate that companies that have benefited from consumers being homebound will see very challenging comparisons in 2021. No doubt, spending on home improvement and furnishing grew at unsustainable rates in 2020.”

Click to continue reading and see the 5 Best Agriculture Stocks to Invest In.

Do Hedge Funds Think ENS Is A Good Stock To Buy Now?

At the end of the first quarter, a total of 28 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 17% from one quarter earlier. Below, you can check out the change in hedge fund sentiment towards ENS over the last 23 quarters. With the smart money's positions undergoing their usual ebb and flow, there exists an "upper tier" of notable hedge fund managers who were upping their stakes considerably (or already accumulated large positions).

The largest stake in EnerSys (NYSE:ENS) was held by Hill City Capital, which reported holding $20 million worth of stock at the end of December. It was followed by ACK Asset Management with a $17 million position. Other investors bullish on the company included One Fin Capital Management, AQR Capital Management, and Skylands Capital. In terms of the portfolio weights assigned to each position ACK Asset Management allocated the biggest weight to EnerSys (NYSE:ENS), around 6.77% of its 13F portfolio. Hill City Capital is also relatively very bullish on the stock, designating 6.12 percent of its 13F equity portfolio to ENS.

As industrywide interest jumped, some big names have been driving this bullishness. Engineers Gate Manager, managed by Greg Eisner, created the most valuable position in EnerSys (NYSE:ENS). Engineers Gate Manager had $0.8 million invested in the company at the end of the quarter. Karim Abbadi and Edward McBride's Centiva Capital also made a $0.4 million investment in the stock during the quarter. The other funds with brand new ENS positions are Parvinder Thiara's Athanor Capital, Minhua Zhang's Weld Capital Management, and Jinghua Yan's TwinBeech Capital.

Let's also examine hedge fund activity in other stocks – not necessarily in the same industry as EnerSys (NYSE:ENS) but similarly valued. We will take a look at Umpqua Holdings Corp (NASDAQ:UMPQ), Brighthouse Financial, Inc. (NASDAQ:BHF), Glaukos Corporation (NYSE:GKOS), Spire Inc. (NYSE:SR), New Jersey Resources Corp (NYSE:NJR), Legend Biotech Corporation (NASDAQ:LEGN), and Red Rock Resorts, Inc. (NASDAQ:RRR). This group of stocks' market values match ENS's market value.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position UMPQ,25,245140,2 BHF,28,539727,-5 GKOS,18,47095,5 SR,9,20905,-6 NJR,12,26762,-1 LEGN,12,315484,-1 RRR,28,607053,2 Average,18.9,257452,-0.6 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 18.9 hedge funds with bullish positions and the average amount invested in these stocks was $257 million. That figure was $120 million in ENS's case. Brighthouse Financial, Inc. (NASDAQ:BHF) is the most popular stock in this table. On the other hand Spire Inc. (NYSE:SR) is the least popular one with only 9 bullish hedge fund positions. EnerSys (NYSE:ENS) is not the most popular stock in this group but hedge fund interest is still above average. Our overall hedge fund sentiment score for ENS is 89. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. This is a slightly positive signal but we'd rather spend our time researching stocks that hedge funds are piling on. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 24% in 2021 through July 9th and beat the market again by 6.7 percentage points. Unfortunately ENS wasn't nearly as popular as these 5 stocks and hedge funds that were betting on ENS were disappointed as the stock returned 7.3% since the end of March (through 7/9) and underperformed the market. If you are interested in investing in large cap stocks with huge upside potential, you should check out the top 5 most popular stocks among hedge funds as many of these stocks already outperformed the market since 2019.

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Disclosure: None. This article was originally published at Insider Monkey.

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For the retail investor, making sense of the markets and finding the right investment is naturally the key to long-term profits. For many such investors, the strategy of choice is following the insiders.

While ‘insiders’ may have a bad sound, suggesting below-board dealing to score dishonest wins, it really means something much simpler, and fundamentally honest. Insiders are corporate officers, in positions of trust with their companies, and their offices give them access to information that ordinary investors haven’t got. It’s human nature for them to trade on that information; to keep a level playing field, the regulators require such insiders to frequently publish their stock trading activity.

That last makes it possible for quick-witted investors to trade like the insiders. By watching the insiders’ stock moves, retail investors can gain the benefit of the insiders’ knowledge – and trade accordingly.

With that in the background, we’ve made use of the TipRanks stock data tools to find stocks that show solid signs of informative buys from the insiders. These are two very different companies – but they both show strong upside potential for the coming year. Let’s take a closer look into the data and the analyst commentary.

Piedmont Lithium, Ltd. (PLL)

we'll open up our look at recent insider trades with Piedmont Lithium. Piedmont is an Australian company that recently re-domiciled to the US, in a move designed to put the company’s headquarters in the same country as the majority of its assets. Those assets are mines, based in a large production area of North Carolina and harboring an estimated 39.2 metric tons of lithium oxide in a 1.09% grade ore. Piedmont is developing the area in preparation for mining activities, with the goal of producing lithium hydroxide, a key ingredient in the production of lithium ion batteries.

Batteries, of course, are a massive industry in today’s world. Everything from the smartphone in your pocket to the laptop on your desk to the electric car or bike in your garage runs on batteries – and lithium ion batteries are the most common type. A company that can fill that need will build itself a solid foundation. And, in addition to the battery market, lithium hydroxide has applications in other fields; it is used in Portland cement, carbon dioxide scrubbing technology, and lubricating grease.

As part of Piedmont’s re-domiciling, the company put 1.75 million American Depositary Shares on the NASDAQ during the first quarter of the year. Each ADS represented 100 of its ordinary shares, and the offering brought in gross proceeds totaling $122.5 million.

In recent weeks, Piedmont has been expanding operations. On June 8, the company announced increased activity in production of mineral resources, including quartz, feldspar, and mica. Mining activity in these minerals targets a 40% increase in output. Later in June, Piedmont and its partner – Sayona Quebec, in which Piedmont owns a 25% stake – received approval from Quebec’s Superior Court to acquire North American Lithium. The acquisition will cost Piedmont C$23.5 million, in proportion to its share of Sayona. And finally, in the first week of July, Piedmont announced that it will acquire more than 9% of IronRidge Resources, and 50% interest in that company’s Ghana-based lithium production. The goal is to become the largest American producer of lithium hydroxide.

Turning to the insider moves, we see that the insider sentiment is positive. This is based on two recent informative buys, by board members Susan Jones and Jeffrey Armstrong. Jones purchased 4,000 shares of PLL, for $292,240, while Armstrong picked up 2,500 shares for $174,025. For Armstrong, the purchase added to his existing holdings, and his stake in the company now totals over $1.42 million.

Covering PLL for Evercore ISI, analyst Stephen Richardson thinks the company is well-placed to succeed, writing, “Piedmont is an early-stage project company positioned to address the pending supply gap facing the battery materials market. Core to value is a well-defined, domestic, hard rock lithium hydroxide mine + chemical plant in a proven and historically important supply basin (North Carolina)… Our view is steady progress towards major milestones (+ additional commercial clarity surrounding hydroxide sales / partnerships) should see the stock narrow the gap to NAV over time (and the NAV grow). The fundamental backdrop for lithium hydroxide price is strong, and we see PLL as a call on higher prices."

In light of these comments, Richardson puts an Outperform (i.e., a Buy) rating on PLL, and his $95 price target suggests an upside of 30% for the next 12 months. (To watch Richardson’s track record, click here.)

Based on Buys only – 3, in total – Piedmont has a Strong Buy consensus rating, showing agreement on the Street regarding the company’s forward outlook. PLL shares are trading for $72.95 and have an average price target of $88.33, implying a one-year upside of 21%. (See Piedmont’s stock analysis at TipRanks.)

FG New American Acquisition (FGNA)

The next stock we’re looking at couldn’t be more different from Piedmont. FG New American Acquisition is a SPAC (special purpose acquisition company). SPACs are companies formed for the express purpose of raising capital, locating a target company, buying it out – and taking it public. SPACs offer a route to the public stock markets for smaller firms that may not otherwise be able to conduct an IPO on their own. The popularity of SPACs can be seen in the huge sums they have been raising; last year, SPACs raised over $83 billion, while so far this year they have raised $100 billion.

FG New America formed for the purpose of seeking out a fintech or insuretech company with which to merge. Last month, FGNA announced that it has selected Opportunity Financial (OppFi) as its target. The merger between the two companies will result in OppFi entering the public stock markets with the ticker symbol OPFI. Pending FGNA shareholders’ approval – a meeting is slated for July 16 – the merger should be completed in the third quarter of 2021.

OppFi is a fintech platform providing consumer credit access, which has facilitated over 1.5 million loans for more than 500,000 customers. The company’s potential customer base is impressively large; over 60 million American consumers lack access to the traditional financial product market.

As the last set of financial results, OppFi’s most recent quarterly report is of deep interest to potential investors. OppFi reported a 1Q21 net income of $24.4 million, up 44% year-over-year. Adjusted Net Income came in at $19.3 million, a 48% increase from the same period last year. In a note that bodes well for OppFi in Q2, April’s net originations were up 23% from March and more than doubled year-over-year.

In insider trades, the key transaction from an investor perspective was made at the end of June by Larry Swets, President, CEO, and board member of FG New America. Swets bought 20,000 shares at a price of $229,600, making his total shareholding in the company more than $5 million.

Ahead of the proposed SPAC merger, D.A. Davidson analyst Christopher Brendler has been looking at OppFi and he believes the company offers a “unique opportunity.”

“OppFi is reinventing nonprime credit, and we believe the company is poised to deliver dramatic EPS growth, yet the stock is quite cheap,” the analyst said. “Although it does have significant credit and funding risk, we believe OppFi is fundamentally better positioned than prior alt-lending peers, and we are especially bullish here given the valuation against a strong near-term macro outlook.”

As the merger has not yet occurred, Brendler puts his rating on the current FGNA shares. He rates these as a Buy, and sets a price target of $13.50, implying an upside of 32% for the year ahead. (To watch Brendler’s track record, click here.)

There are two analyst reviews on record for FGNA stock, and both are Buys, giving the stock a Moderate Buy consensus rating. Shares are priced at $10.21 and the average target of $13.75 indicates room for 34% upside going forward. (See FGNA’s stock analysis at TipRanks.)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

VANCOUVER, BC / ACCESSWIRE / July 13, 2021 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Company" or "Great Atlantic") is pleased to announce it has completed the first hole (GP-21-149) of the 2021 diamond drilling program at its Golden Promise Gold Property, located in the central Newfoundland gold belt. The hole, completed at the Jaclyn Main Zone, intersected multiple quartz veins. Visible gold is evident in one vein.

Quartz Vein with Visible Gold in GP-21-149

Drill hole GP-21-149 is an in-fill hole, drilled between 2019 drill holes which intersected high grade gold mineralization. GP-21-149 was drilled within the west region of the Jaclyn Main Zone (JMZ). It was drilled to a length of 96 meters. The current drilling is part of the Company's Phase 2 diamond drilling program at the gold bearing Jaclyn Zone. Drill core from GP-21-149 is currently being geologically logged and sampled at the Company's secure facility in central Newfoundland. Multiple quartz veins were intersected in GP-21-149. Visible gold is evident in a 0.30-meter long (core length) quartz vein intersected at 50.10-50.40 meters. Drill core samples from GP-21-149 will be submitted to a certified laboratory for gold assay and multi-element analysis.

Drilling is underway on GP-21-150, also an in-fill hole in the western part of the JMZ.

The current Phase 2 drilling will include up to 33 drill holes at the gold bearing Jaclyn Zone with holes planned at the JMZ and Jaclyn North Zone with total planned drilling of approximately 5,000 meters. The objective of drilling at the JMZ is to further define the zone and provide information for an updated resource estimate of the JMZ. The Company is continuing the drill hole numbering system from previous drilling programs. Most of the planned holes at the JMZ are within the central to west region of the zone, testing above 200 meters vertical depth. Two holes are planned in the east part of the JMZ to test the zone at 200-350 meters vertical depth.

Quartz Vein with Visible Gold in GP-21-149

Great Atlantic reported a National Instrument 43-101 compliant inferred resource estimate during late 2018 for the JMZ of 357,500 tonnes at 10.4 g/t gold (119,900 ounces of gold – uncapped).

The Company confirmed high-grade gold at the JMZ during 2019 drilling, including near surface intercepts (core length) of 113.07 grams / tonne (g/t) gold over 0.55 meters, 61.35 g/t gold over 2.04 meters and 15.8 g/t gold over 2.70 meters plus an interval of multiple gold bearing veins in one drill hole averaging 2.30 g/t gold over 25.25 meters.

The Golden Promise Property is located within a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the RIL. The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries within the Exploits Subzone include those of Marathon Gold Corp. (MOZ) at the Valentine Gold Project, Sokoman Minerals Corp. (SIC) at the Moosehead Gold Project and New Found Gold Corp. (NFG) at the Queensway Project. Readers are warned that mineralization at the Valentine Gold Project, Moosehead Gold Project, and Queensway Project is not necessarily indicative of mineralization the Golden Promise Property.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the board of directors

"Christopher R Anderson"

Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director
604-488-3900 – Dir

Investor Relations:
Please call 604-488-3900

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Great Atlantic Resource Corp
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

SOURCE: Great Atlantic Resources Corp.

View source version on accesswire.com:
https://www.accesswire.com/655228/Great-Atlantic-Completes-First-Hole-of-2021-Drilling-Program-Golden-Promise

SES will debut by year end as GM and other automakers anticipate a battle over battery supplies amid a global EV boom.

Albemarle (ALB) shares soared 6.8% in the last trading session to close at $187.49. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.1% gain over the past four weeks.

ALB’s shares rallied after The Wall Street Journal reported that the Biden administration is targeting at least a 50% reduction in carbon emissions by 2030 and wants 80% of U.S. power to come from clean sources by the end of the decade. The United States currently generates around 20% of its electricity from renewable sources such as wind and solar. Investors appear to have responded positively on prospects that the proposal would lead to higher demand for lithium.

This specialty chemicals company is expected to post quarterly earnings of $0.83 per share in its upcoming report, which represents a year-over-year change of -3.5%. Revenues are expected to be $793.09 million, up 3.8% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Albemarle, the consensus EPS estimate for the quarter has been revised marginally lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on ALB going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank 3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, July 12, 2021 (GLOBE NEWSWIRE) — Arena Minerals Inc. ("Arena" or the "Company") (TSX-V: AN) announces a non-brokered private placement of subscription receipts (the "Subscription Receipts") at a price of $0.14 per Subscription Receipt for gross proceeds of up to $10,000,000 (the "Offering"). The proceeds of the Offering will be applied to the acquisition of the Sal de la Puna lithium brine project from Centaur Resources Pty Ltd., described in the Company's news releases of May 25, 2021 and June 10, 2021 (the "Centaur Acquisition"). Amounts not required to complete the Centaur Acquisition will be used by Arena for exploration and development expenditures on the Company's lithium assets and for general corporate purposes.

Lithium Americas Corp. ("Lithium Americas” or “LAC”) will be acquiring $6 million of Subscription Receipts in the Offering. Under LAC’s subscription agreement with Arena, and provided it holds at least 7.5% of Arena's common shares, LAC has been granted the right (i) to participate in future Arena financings to maintain its percentage ownership interest in Arena; and (ii) to appoint a nominee to the Arena board of directors as long as it holds at least 10% of Arena's common shares.

Ganfeng Lithium Co., Ltd ("Ganfeng Lithium") holds a contractual right to participate in the Offering to maintain its percentage ownership interest in Arena under the Subscription agreement dated February 3, 2021.

Upon successful closing of the Company’s share purchase agreement with Centaur Resources Pty Ltd. (the "Release Condition"), the Subscription Receipts will be exchanged without payment of additional consideration for units of the Company (each a "Unit"). Each Unit shall consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share of the Company at $0.25 for a period of 24 months from the date of issuance. If the Release Condition is not met by August 15, 2021, the proceeds of the Offering will be returned to the subscribers without interest or deduction.

Will Randall, President and Chief Executive Officer of Arena, commented: “Thanks to the support shown by Ganfeng Lithium, and today’s equity investment by Lithium Americas, I am pleased to confirm that upon closing of this offering, Arena will be fully funded to close the transformative acquisition of the Sal de la Puna Project in Salta, Argentina. Indeed, this financing provides the Company with sufficient working capital to advance our lithium projects towards our ultimate goal of becoming a low-cost supplier to the lithium carbonate industry.”

The Sal de la Puna Project

The Sal de la Puna Project covers approximately 11,000 hectares of the Pastos Grandes basin located in the Puna region of Salta province at an average elevation of 4,000 metres above sea level. The project hosts a large portion of the Pastos Grandes salar adjacent and south of Millennial Lithium’s 12,700-hectare Pastos Grandes project and Litica’s Pozuelos-Pastos Grandes project which shares the northern portion of the same salar. Litica is a subsidiary of Latin American leading oil and gas producers PlusPetrol S.A., who acquired LSC Lithium in 2019 giving them ownership of their lithium assets in Argentina. The Sal de la Puna project is also located 50 km north of Lithium X Energy Corp.’s project, which was sold for $265 million in 2018, where Mr. Morales, Executive Chairman, and Mr. Randall, President and CEO, were senior executives.

Approximately $22 million has been invested in the property by the current private operators/owners, including approximately $13 million in work completed at Sal de la Puna over the last five years. Work included drilling of three wells, including a pumping well to approximately 600 metres below surface, pumping tests, seismic and TEM geophysical surveys. The drilling was carried out on a portion of the Alma Fuerte, one of the nine 100% owned claims.

The technical information contained in this news release has been reviewed and approved by William Randall, P.Geo, who is a Qualified Person as defined under NI 43-101. As President and Chief Executive Officer of the Company, Mr. Randall is not considered independent.

About Lithium Americas Corp.

Lithium Americas is advancing to production the Caucharí-Olaroz lithium brine project in partnership with Ganfeng in Argentina and developing the Thacker Pass lithium project in Nevada, USA. Lithium Americas is a Canadian-based company listed on both the Toronto Stock Exchange (“TSX”) and New York Stock Exchange (“NYSE”) under the ticker symbol “LAC”, with a market capitalisation of more than $2 billion.

About Ganfeng Lithium Co.

Ganfeng Lithium (1772.HK; OTCQX: GNENF), is one of the world’s leading lithium manufacturers and is listed on the Shenzhen Stock Exchange and on the Hong Kong Stock Exchange (Ticker 1772.HK) since 2018 when it raised US$ 440 million in an IPO. Ganfeng Lithium is a top three lithium compound producer, and the largest producer of lithium metal globally. Ganfeng has a strong presence in Argentina, including a 46.7% ownership in Minera Exar which operates the Caucharí-Olaroz project in Jujuy province.

About Arena Minerals Inc.

Arena owns the Antofalla lithium brine project in Argentina, consisting of four claims covering a total of 6,000 hectares of the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation's Antofalla project. Arena has developed a proprietary brine processing technology using brine type reagents derived from the Antofalla project with the objective of producing more competitive battery grade lithium products.

Arena also owns 80 percent of the Atacama Copper property covering approximately 5,000 hectares within the Antofagasta region of Chile. The project is at low altitudes, within producing mining camps in infrastructure-rich areas, located in the heart of Chile's premier copper mining district. Arena holds 5.82 million shares of Astra Exploration Ltd as a result of the sale of its 80% interest in the Pampa Paciencia epithermal gold property, also located in northern Chile, to Astra Exploration Ltd.

To view our website, please visit www.arenaminerals.com. In addition to featuring information regarding the Company, its management, and projects, the site also contains the latest corporate news, a long form text explaining the unique business model of the Company (under the tab "the Company Explained") and an email registration allowing subscribers to receive news and updates directly.

For more information, contact William Randall, President and CEO, at +1-416-818-8711 or Simon Marcotte, Vice-President Corporate Development, at +1-647-801-7273 or smarcotte@arenaminerals.com.

On behalf of the Board of Directors of: Arena Minerals Inc.

William Randall, President and CEO

Cautionary Note Regarding Accuracy and Forward-Looking Information

This news release may contain forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements, projections and estimates relating to the future development of any of the Company's properties, the anticipating timing with respect to private placement financings, the ability of the Company to complete private placement financings, results of the exploration program, future financial or operating performance of the Company, its subsidiaries and its projects, the development of and the anticipated timing with respect to the Atacama project in Chile, the Antofalla, Hombre Muertos or Posits Projects in Argentina, and the Company's ability to obtain financing. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The statements made herein are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of the Company's interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Estimates underlying the results set out in this news release arise from work conducted by the previous owners and the Company. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; other risks of the mining industry and the risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Arena Minerals does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

VANCOUVER, British Columbia, July 12, 2021 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced that it has entered into an agreement to acquire 42,857,143 subscription receipts of Arena Minerals Inc. (TSX-V: AN) (“Arena Minerals”) in a private placement at C$0.14 per subscription receipt for total consideration of C$6.0 million (US$4.8 million).

The strategic ownership in Arena Minerals will provide Lithium Americas future optionality to advance exploration in Argentina in proximity to the Caucharí-Olaroz lithium project (“Caucharí-Olaroz”), which is being jointly developed by the Company and Ganfeng Lithium Co. Ltd. ("Ganfeng"). Ganfeng also holds a 18.7% equity investment in Arena Minerals. Both Lithium Americas and Ganfeng are expected to leverage their deep technical and operational experience to support Arena Minerals’ exploration and development opportunities in Argentina, including the Sal de la Puna project.

"We look forward to working with Arena Minerals and Ganfeng to support the pursuit of resource exploration opportunities in Argentina," commented Jon Evans, President and CEO. "This investment will allow Lithium Americas to advance our long-term resource development plans, while maintaining our team’s focus on execution at Caucharí-Olaroz and the Thacker Pass project.”

The investment is part of a C$10 million non-brokered private placement of subscription receipts of Arena Minerals (the “Offering”). The proceeds of the Offering will be applied by Arena Minerals to the acquisition of the Sal de la Puna lithium brine project in Salta, Argentina, exploration and development expenditures on the Company's lithium assets and for general corporate purposes. Lithium Americas currently does not hold any securities of Arena Minerals. On closing, assuming completion of the full $10 million offering by Arena Minerals, the Company will own approximately 12.9% (14.6% on a fully diluted basis) of the issued and outstanding shares of Arena Minerals.

Pursuant to the agreement, Lithium Americas has the right (i) to participate in future Arena Minerals financings to maintain its pro rata ownership interest in Arena Minerals; and (ii) to appoint a nominee to the Arena Minerals board of directors. These rights are conditioned on Lithium Americas maintaining an ownership interest in Arena Minerals of 7.5% and 10.0% of Arena Minerals’ share capital, respectively.

Upon closing, each subscription receipt will be exchanged for one common share of Arena Minerals, and one-half of one common share purchase warrant. Each warrant entitles the holder to acquire one common share of Arena Minerals at C$0.25 for a period of 24 months from the date of issuance. If Arena Minerals’ acquisition of Sal de la Puna is not met by August 15, 2021, the proceeds of the Offering will be returned to the holder.

The Company is acquiring the securities for investment purposes. Depending on market conditions and other factors, Lithium Americas may, from time to time, acquire additional common shares, common share purchase warrants or other securities of Arena or dispose of some or all of the common shares, common share purchase warrants or other securities of Arena that it owns at such time. An early warning report will be filed by Lithium Americas on SEDAR at www.sedar.com in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact the Corporate Secretary of Lithium Americas at 778-656-5820 or legal@lithiumamericas.com.

About Arena Minerals
Arena Minerals Inc. (TSX-V: AN) is an exploration-stage lithium company focused on developing brine resources in Argentina. Arena Minerals’ team has extensive experience in lithium exploration and development, including the discovery and development of the Salar de los Angeles lithium brine project in Argentina, which was acquired in 2018 for C$265 million. Arena Minerals owns the Antofalla lithium brine project in Argentina, consisting of claims covering a total of 6,000 hectares in the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation's Antofalla project. Arena Minerals has recently agreed to acquire the Sal de la Puna project in Salta, Argentina.

About Lithium Americas
Lithium Americas is a development-stage company with projects in Jujuy, Argentina and Nevada, United States. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”.

For further information contact:

Investor Relations
Telephone: 778-656-5820
Email: ir@lithiumamericas.com
Website: www.lithiumamericas.com

Forward-Looking Statements
This news release contains “forward-looking information” and “forward-looking statements” (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking information, examples of which in this news release include, among other things, statements related to: the Company’s investment in a private placement by Arena Minerals and expected ownership interest upon closing thereof, provided certain conditions to closing are met; the expected benefits to the Company from such investment; any support the Company expects to provide to Arena Minerals to advance its projects; and any future acquisition or disposition of securities of Arena Minerals.

Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such information. Such information reflects the Company’s current views with respect to future events and is necessarily based upon a number of assumptions that, while considered reasonable by the Company today, are inherently subject to significant uncertainties and contingencies. These assumptions include, among others: changes to the Company’s current and future business plans and the strategic alternatives available to the Company; stock market conditions generally; demand, supply and pricing for lithium; results of exploration activities and technical reporting by Arena Minerals; current technological trends; a cordial business relationship among the Company, Arena Minerals and Ganfeng; the ability of the Company to fund, advance and develop its projects; and general economic and political conditions in Argentina and other jurisdictions where the Company conducts business.

Additional risks, assumptions and other factors upon which forward-looking information is based, as it pertains to the Company and its properties, are set out in the Company’s management discussion and analysis and most recent annual information form, copies of which are available on SEDAR at www.sedar.com.

Although the Company has attempted to identify important risks and assumptions, given the inherent uncertainties in such forward-looking information, there may be other factors that cause results to differ materially. Forward-looking information is made as of the date hereof and the Company does not intend, and expressly disclaims any obligation to update or revise the forward-looking information contained in this news release, except as required by applicable law. Accordingly, readers are cautioned not to place undue reliance on forward-looking information.

VANCOUVER, British Columbia, July 12, 2021 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium project development company, is pleased to announce that it has been added to the VanEck Vectors Rare Earth/Strategic Metals ETF (“REMX”). Standard Lithium was posted to the REMX on June 30, 2021.

Robert Mintak, CEO of Standard Lithium stated that “On the heels of our recent announcement of the approval to list on the NYSE American, inclusion in the REMX is another step in demonstrating the evolution of Standard Lithium as we continue to execute our business plan and provide increased value for our shareholders.”

At market opening on July 13, 2021, Standard Lithium’s common shares will commence trading under the ticker symbol “SLI”, on both TSX Venture Exchange and the NYSE American. This ticker symbol change does not require any action by current shareholders. There is no change in the name or CUSIP of the Company and no consolidation of share capital in connection with the NYSE American listing.

About Standard Lithium Ltd.

Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the OTC – Nasdaq Intl Designation under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.

On behalf of the Board of Standard Lithium Ltd.

Robert Mintak, CEO & Director

For further information, contact Anthony Alvaro at (604) 240 4793

Twitter @standardlithium

LinkedIn https://www.linkedin.com/company/standard-lithium/

Lithium Americas shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

EnerSys ENS stands to benefit from its exposure in diverse end markets, which allows it to neutralize risks associated with a single market with strength across others. In fourth quarter of fiscal 2021 (ended March 2021), the company’s organic revenues grew 4% year over year, on the back of strong end markets in Asia and recovery in end markets across North America and the Middle East and Africa. Improving demand environment across aerospace & defense and lithium-based battery technology end markets bode well for the company.

The company believes in strengthening its businesses through addition of assets. The acquisition of NorthStar (October 2019) has strengthened its position as a provider of the NexSys Thin Plate Pure Lead products. In fiscal 2021 (ended March 2021), the acquisition boosted its revenues by 2%.

It focuses on rewarding shareholders through dividend payments. In fiscal 2021, EnerSys used $29.8 million for paying out dividends. In fiscal 2021, its operating cash flow was $358.4 million, reflecting an increase of 41.4%, on a year-over-year basis. Further improvement in cash flows is likely to effectively support the company's capital-allocation strategies.

However, the company has been experiencing persistent weakness across its Motive Power segment over the past few quarters, owing to the coronavirus outbreak-related challenges. Based on low future demand for motive power batteries, in November 2020, EnerSys approved a plan to close its motive power facility in Hagen, Germany.

Its high-debt profile poses a concern as well. In the last five fiscal years (2017-2021), its long-term debt (net of unamortized debt issuance costs) rose 10.5% (CAGR). At the end of fiscal 2021, the metric remained high at $969.6 million. Any further increase in debt levels can raise the company’s financial obligations.

Image Source: Zacks Investment Research

In the past six months, this Zacks Rank #3 (Hold) stock has returned 7.8% compared with the industry’s growth of 6%.

Stocks to Consider

Some better-ranked stocks from the same space are Eaton Corporation plc ETN, Franklin Electric Co., Inc. FELE and SPX FLOW, Inc. FLOW, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Eaton delivered an earnings surprise of 15.20% in the last reported quarter.

Franklin Electric delivered an earnings surprise of 51.28% in the last reported quarter.

SPX FLOW delivered an earnings surprise of 84.85% in the last reported quarter.

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Vancouver, British Columbia–(Newsfile Corp. – July 12, 2021) – International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that the original news release captioned "International Lithium Announces Measured + Indicated Resource of 6.85 Million Tonnes LCE at Mariana Lithium Brine Project" published on July 8, 2020 contained a typographical error in the table illustrating the updated resource estimate.

Column one of the table contained the heading "Brine Volume* (Mm³)" which should read "Aquifer Volume (Mm³)"
Column two of the table contained the heading "Brine Volume (GL)" which should read "Brine Volume* (GL)"

Below is the corrected news release in its entirety with the relevant updates.

International Lithium Announces Measured + Indicated Resource of 6.85 Million Tonnes LCE at Mariana Lithium Brine Project

Vancouver, B.C. July 8, 2021 International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce an update on its Mariana project in Argentina. As at December 31, 2020 the Company owned 11.243% of the joint venture company owning Mariana called Litio Minera Argentina ("LMA"), and this stake has since then diluted to around 10%, a number which is subject to audit. The Company currently enjoys a back in right to increase its stake in LMA by a further 10%. If exercised, this back in right would increase the Company's stake in LMA to around 20%. The remainder of the shares in LMA are owned by Mariana Lithium Co.Ltd. ("MLC"), a wholly owned subsidiary of Ganfeng Lithium. MLC has also since 2017 been the manager of the Mariana project. The Company currently has no representation on the board of LMA and participates on the management committee only to the extent of its percentage ownership in LMA.

The Company has now received a 300 page report (the "Report") from strategic partner Ganfeng Lithium Co. Ltd., ("GFL") that contains an updated mineral resource estimate for the Mariana lithium brine project (the "Project") located in Salta, Argentina. This Report was not prepared for public NI43-101 reporting standards, and therefore the Company is unable to disclose it fully. However, in the interests of investor transparency and to avoid selective disclosure, we are disclosing the following details from the Report which have already been disclosed in a news release issued by Ganfeng Lithium on 06 July 2021, and/or in a news release by the Salta Government in Argentina on 16 June, 2021.

Highlights from the Report which are already in the public domain are as follows:

The resource estimate contained in the Report, detailed in the table below, includes:

6,854,000 tonnes of lithium carbonate ("Li₂CO₃") equivalent (LCE) in the Measured and Indicated Resource categories, an increase of 55% over the 2019 estimate of 4,410,000 tonnes of Measured and Indicated Resource (Company news release, February 6, 2020)
an additional 1,267,000 tonnes of Li₂CO₃ in the Inferred Resource category
these amount are also now stated as 7,863,000 tonnes of lithium chloride equivalent in the Measured and Indicated Resource categories, and an additional 1,454,000 tonnes of lithium chloride equivalent in the Inferred Resource category

Ganfeng have reported that an Environmental Impact Report approval has been received from the Salta regional government in Argentina for the construction of a plant with a designed annualized capacity of 20,000 tonnes per annum of lithium chloride.

The Salta regional government has disclosed in a news release following its discussions with Ganfeng that the likely project expenditure from now to bring the Mariana Project to full production is around US$600 million.

Report – Mariana Lithium Brine Project, Argentina

Further to previous Company news releases dated March 8, 2017, April 20, 2017, and February 6, 2020, ILC has received the Report for the Mariana lithium brine project containing an update to the resource estimate for the Project. Golder Associates Consulting Ltd. ("Golder") prepared the Report based on an independent lithium brine resource estimate by Geos Mining Minerals Consultants ("Geos") based in Sydney, Australia..

Resource Category	Aquifer Volume (Mm³)	*Brine Volume (GL)**	Brine Density (g/mL)	Li (mg/L)	K (mg/L)	Li (kt)	LCE^# (kt)	LiCl^# (kt)
Measured	17,653	2,648	1.217	315	9,598	833	4,436	5,089
Indicated	9,286	1,393	1.213	326	10,044	454	2,418	2,774
Inferred	4,747	712	1.211	334	10,121	238	1,267	1,454
Measured + Indicated	26,939	4,041	1.215	319	9,752	1,287	6,854	7,863

* Brine volumes are reported using a conservative aquifer average specific yield (SY) of 15%. Due to the nature of brine deposits, it is not relevant to estimate Mineral Resources to a specific cut-off grade. However, a nominal grade cut-off value of 230 mg/L Li has been applied for reporting purposes only.
^# Based on standard conversion rates, and assumes full extraction and conversion.
LCE = Lithium Carbonate Equivalent; conversion factor 5.324 (Ministry of Energy and Mines, British Columbia, Canada).
LiCl = Lithium Chloride; conversion factor 6.1078
NB. Figures have been rounded. Well efficiency and production efficiency are modifying factors to resources and reserves, respectively.

The Qualified Person who prepared the brine resource estimate in the Report is Llyle Sawyer, MAIG of Geos. The effective date for the estimate is 4 June 2021.

Mineral resources are not mineral reserves as defined by the Canadian Institute of Mining and Metallurgy, and the Company cannot guarantee that the resources reported here will be converted to mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

John Wisbey, Chairman and CEO of International Lithium Corp., commented as follows:

"This Report highlights what we have always known, that Mariana with now over 7.8 million tonnes Measured and Indicated resource of lithium chloride equivalent is a very large deposit indeed. The key question in future years will be how much of this is capable of being processed economically, and that in turn will depend critically on what technologies are adopted. For now, making use of solar evaporation which is Ganfeng's chosen method detailed in the Report, there is an environmental limit to how much can be extracted without affecting the water levels adversely, and this is why 20,000 tonnes p.a. is the level of environmental approval applied for. It can be hoped that membrane technology or other technologies become suitable technology at Mariana in future years, and that this number can be improved on over time.

I mentioned in my Chairman's Report for the last financials that the board was evaluating its strategic options for the Mariana project. I can now disclose that the board believes that it would be in the best interests of its shareholders to sell its stake in the Mariana project before the Project goes to the next stage of requiring appreciable capital investment. We are conducting a process of talking with possible acquirers of our stake in Mariana, including Ganfeng the majority partner. Shareholders are cautioned that, as with any such discussions, no assurance is possible that the stake will be sold at a price that would reflect the board's view of the economic potential of the salar as a major lithium resource with valuable byproducts such as potassium. Should a suitable price not be agreed, the Company would still enjoy the benefit of a 1% Net Smelter Royalty from Ganfeng on all production from Mariana."

Qualified person

Jon Findlay, Ph.D, P.Geo, a consultant to the Company and a "Qualified Person" for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About International Lithium Corp.

International Lithium Corp. believes that the '20s will be the decade of battery metals, at a time that the world faces a significant turning point in the energy market's dependence on oil and gas and in the governmental and public view of climate change. Our key mission in the new decade is to make money for our shareholders from lithium and battery metals while at the same time helping to create a greener, cleaner planet. This includes optimizing the value of our existing projects in Canada, Argentina and Ireland as well as finding, exploring and developing projects that have the potential to become world class lithium and rare metal deposits. In addition, we have seen the clear and growing wish by the USA and Canada to safeguard their supplies of critical battery metals, and our Canadian properties are strategic in that respect.

A key goal in the new decade is to become a well funded company to turn our aspirations into reality.

The Company's primary strategic focus is now on the Raleigh Lake lithium and rubidium project in Canada and on the Company's strategic options on the Mariana project in Argentina.

The Mariana lithium-potash brine project, which is the subject of this news release, is located within the renowned South American "Lithium Belt" that is the host to the vast majority of global lithium resources, reserves and production. The Mariana project strategically encompasses an entire mineral rich evaporite basin, totalling 160 square kilometres, that ranks as one of the more prospective salars or 'salt lakes' in the region.

With the increasing demand for high tech rechargeable batteries used in electric vehicles and electrical storage as well as portable electronics, lithium has been designated "the new oil", and is a key part of a "green tech" sustainable economy. By positioning itself with solid strategic partners and projects with significant resource potential, ILC aims to be one of the lithium and rare metals resource developers of choice for investors and to continue to build value for its shareholders in the '20s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO

www.internationallithium.com

For further information concerning this news release please contact +1 604-449-6520

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the effect of results of the feasibility study of the Mariana Joint Venture Project, timing of publication of the technical reports, possible sale of the Company's interest in the Project, anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Mavis Lake projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or caesium recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company's projects, budgeted expenditures and planned exploration work on the Avalonia Joint Venture, satisfactory completion of the sale of mineral rights at Forgan Lake, increased value of shareholder investments, and continued agreement between the Company and Ganfeng Lithium Co. Ltd. regarding the Company's percentage interest in the Mariana project and assumptions about ethical behaviour by our joint venture partners where we have them. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the interim and annual Management's Discussion and Analysis which are available at www.sedar.com. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90053

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Figure 1

One of the SiFT lithium carbonate crystallization plant modules being lowered into position at Standard Lithium’s Demonstration Plant in El Dorado, Arkansas, USA.

Figure 2

The final module being loaded into position, with the Company’s LiSTR DLE Plant behind. Note the climate-controlled container adjacent to the SiFT Plant, which will be used to store battery-quality lithium carbonate samples produced by the plant.

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