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An update from Volt Lithium ( (TSE:LIB) ) is now available.
LibertyStream Infrastructure Partners Inc. announced a non-brokered private placement offering of units to raise up to $10 million. The proceeds will be used to enhance their direct lithium extraction technology and scale up lithium carbonate production in Texas, moving towards commercial production. This strategic move aims to strengthen LibertyStream’s position in the lithium market and support its goal of becoming a leading producer in North America.
More about Volt Lithium
LibertyStream Infrastructure Partners is a lithium development and technology company focused on becoming one of North America’s first commercial producers of lithium carbonate from oilfield brine. The company aims to leverage its management’s hydrocarbon experience to deploy proprietary direct lithium extraction technology into existing oil and gas infrastructure, reducing costs and risks while supporting the clean energy transition.
Average Trading Volume: 695,671
Technical Sentiment Signal: Buy
Current Market Cap: C$140.1M
For detailed information about LIB stock, go to TipRanks’ Stock Analysis page.