LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream& or the “Company&) is pleased to announce that construction of its commercial lithium carbonate refining unit (the “Refining Unit&) has been finalized and it is now in transit to LibertyStream&s field operations in Texas.
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LibertyStream's lithium carbonate refining unit, bound for Texas field operations.
The Refining Unit has been designed to produce up to 10 tonnes per annum (“tpa&) of lithium carbonate, with the flexibility to tailor output to either industrial-grade or battery-grade specifications. Once commissioned on site, the Refining Unit will allow LibertyStream to deliver bulk samples of lithium carbonate produced directly from oilfield brine — an essential step in initiating formal offtake discussions with prospective customers.
“This milestone brings us to the final stage before commercial engagement with future customers,& commented Alex Wylie, President & CEO. “Commissioning the unit in Texas will provide the bulk samples and quality validation required for offtake agreements and future sales.&
Board Transition
LibertyStream also announces that Marty Scase has retired from the Board of Directors effective August 25, 2025. Mr. Scase had recently stepped into the role of Executive Chairman to support LibertyStream through a period of transition and is now stepping back to focus on other ventures.
“I want to thank Marty for his commitment to LibertyStream,& said Alex Wylie, President & CEO. “His leadership and guidance have been critical to our progress, and we wish him continued success.&
“Marty and I have worked together a long time with LibertyStream and other enterprises&, added John McEwen, Inventor and Chief Technology Officer at LibertyStream. “His presence will be missed as we continue to advance LibertyStream&s technology and drive toward commercial production. I wish Marty all the best&.
About LibertyStream Infrastructure Partners
LibertyStream is a lithium development and technology company aiming to be one of North America&s first commercial producers of lithium carbonates from oilfield brine. Our strategy is to generate value for shareholders by leveraging management&s hydrocarbon experience to deploy our proprietary DLE technology directly into existing oil and gas infrastructure, thereby reducing capital costs, lowering risks and supporting the world&s clean energy transition. With four differentiating pillars, and a proprietary DLE technology and process, LibertyStream&s innovative approach to development is focused on generating the highest lithium recoveries with lowest costs, positioning us for future commercialization. We are committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value. Investors and/or other interested parties may sign up for updates about the Company&s continued progress on its website: https://LibertyStream.com/.
Forward Looking Statements
This news release includes certain “forward-looking statements& and “forward-looking information& within the meaning of applicable Canadian securities laws. When used in this news release, the words “anticipate&, “believe&, “estimate&, “expect&, “target&, “plan&, “forecast&, “may&, “will&, “would&, “could&, “schedule& and similar words or expressions, identify forward-looking statements or information. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation, management&s expectations relating to the processing capacity of its DLE unit and expectations of production of lithium carbonate therefrom, the anticipated benefits to the Company&s customers relating to the deployment of the Refining Unit, the Company being one of the first commercial producers of lithium carbonate from oilfield brine, the reduction of capital costs associated with lithium carbonate extraction from oilfield brine by the use of existing oil and gas infrastructure, and the support of clean energy transition efforts caused by the deploy of the Company&s proprietary DLE Technology. With respect to the forward-looking information contained in this press release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. Additionally, there are known and unknown risk factors which could cause the Company&s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein including the risk that management&s production estimates relating to the Refining Unit turn out to be incorrect, and generally, those known risk factors outlined in the Company&s annual information form for the year ended June 30, 2024, the Management&s Discussion and Analysis for the six months ended December 31, 2024, and the (final) short form base shelf prospectus dated July 20, 2023. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
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 press release.
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