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Standard Lithium (V:SLI) has notable insider net $ selling

Updated Monday Mar 07, 2022 03:06 AM EDT

Robert Melvin Douglas Cross, a Director, acquired 300,000 Common Shares on an indirect ownership basis for registered holder Paloduro Investments Inc at a price of $0.960 through an exercise of options on March 3rd, 2022. The insider also disposed 300,000 Common Shares on an indirect ownership basis for registered holder Paloduro Investments Inc at prices ranging from $6.189 and $6.416 through the public market between March 1st, 2022 and March 4th, 2022. This represents a $1,619,830 net divestment of the company's shares and an account share holdings change of 0%.

Standard Lithium is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Standard Lithium Ltd. is a Canada-based technology and lithium development company, which is focused on the development of a portfolio of lithium-brine bearing properties in the United States utilizing Direct Lithium Extraction (DLE) and purification technologies. The Company's project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. It has commissioned its industrial-scale direct lithium extraction demonstration plant at Lanxess Project's south plant facility in southern Arkansas. The demonstration plant utilizes the Company's lithium extraction process (LiSTR) technology, which uses a grained, solid, inorganic adsorbent to selectively adsorb lithium ions from the brine. It is also engaged in the resource development of approximately 30,000 acres of separate brine leases located in south west Arkansas.

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Go to Standard Lithium Ltd. (SLI)'s company page

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