Standard Lithium (TSE:SLI) has released an update.
Standard Lithium Ltd. reported a decrease in total assets from CAD 173,497 thousand to CAD 171,086 thousand and a slight reduction in total liabilities from CAD 14,121 thousand to CAD 11,799 thousand for the three months ending March 31, 2024. Despite the decrease in assets, the company’s share capital increased significantly, indicating continued investment and shareholder confidence. The financial statements also reveal a substantial increase in exploration and evaluation assets, suggesting ongoing investments in the company’s future operations.
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