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Standard Lithium to raise up to $120M via public offering for U.S. and Canadian projects, pending approval.
Standard Lithium plans to offer up to $120 million in common shares through a public offering, using proceeds for capital projects in Arkansas and Texas, plus working capital.
The offering, led by Morgan Stanley, Evercore ISI, and BMO Capital Markets, is pending regulatory approval and will be available in the U.S. and Canadian provinces except Quebec.
Preliminary documents are filed with Canadian and U.S. regulators; final versions will be on SEDAR+ and the SEC’s site.
The securities are not approved by any regulator and aren’t being offered in jurisdictions where unlawful.
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Standard Lithium recaudará hasta $ 120 millones a través de una oferta pública para proyectos en Estados Unidos y Canadá, a la espera de su aprobación.