representative work

Standard Lithium Ltd. Completes $5 Million Secured Loan with LANXESS Corporation

10/30/2019

On October 29, 2019, Standard Lithium Ltd. completed a $5 million secured loan financing with its strategic partner LANXESS Corporation. The proceeds of the loan will be used to continue development of a pilot plant in southern Arkansas for the demonstration of Standard Lithium’s proprietary process for the extraction of lithium from brine solutions.

Cassels acted for Standard Lithium with a deal team that included Sam Cole and Andrew Dilts (Securities and Mining), Jennifer Wasylyk and Jenna Clark (Financial Services), and Stephen Selznick (Intellectual Property).