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Standard Lithium Ltd.

11:36 AM EST - Standard Lithium Ltd. : Announced that the Company has signed a non-binding Letter of Intent with a non-affiliated NYSE-listed company whereby, subject to the execution of a definitive agreement on terms acceptable to both parties and obtaining necessary consents and permits, the Company will design, build and operate a continuous demonstration scale pilot plant, adjacent to certain existing chemical production facilities located in southern Arkansas. Standard Lithium has made a non-refundable deposit of US$100,000, and will make a further cash payment of US$100,000 upon signing of the Definitive Agreement. Standard Lithium Ltd. shares V.SLL are trading up 11 cents at $2.42.