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Standard Lithium Ltd. Completes $11.4 Million Bought Deal Financing

Published: 03/21/2019

Team: Sam Cole, Jennifer L. Poirier, Aimee O'Donnell, Christopher B. Norton

On March 21, 2019, Standard Lithium Ltd. completed a bought deal financing of 11,390,500 units at a price of $1.00 per unit for gross proceeds of approximately $11.4 million.  The offering was conducted by way of short form prospectus through a syndicate of underwriters led Canaccord Genuity Corp., as lead underwriter, and including PI Financial Corp.

Cassels Brock acted for Standard Lithium with a deal team that included Sam Cole, Jennifer Poirier, Aimee O’Donnell (Securities) and Chris Norton (Tax).