Standard Lithium Appoints Paul Collins to the Board of Directors
December 10 2024 - 8:00AM
Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading
near-commercial lithium company, is pleased to announce the
appointment of Paul Collins as an independent member of its board
of directors.
Robert Cross, Non-Executive Chairman of the
Board of Directors, commented, “On behalf of the Standard Lithium
Board, I am delighted to welcome Paul as an independent director.
He brings over 35 years of advisory and investment banking
experience in industrials, chemicals and energy to the Board.
Throughout his career, Paul served as a trusted advisor to
executives and boards on strategic issues, including financing,
capital allocation and transactions.”
“Paul adds significant strategic leadership to
Standard’s board as our focus turns to bringing production online
for our shareholders,” said David Park, Chief Executive Officer and
Director of Standard Lithium. “2025 is expected to be a pivotal
year for the Company as we pursue customer off-take commitments and
financing. His experience in these areas will be indispensable as
we continue to advance our world-class lithium brine projects in
partnership with Equinor.”
Mr. Collins has advised on company strategy,
mergers and acquisitions and corporate finance. From 2014 to 2023,
he was Senior Advisor and Partner at Centerview Partners, LLC,
where he worked with C-suites and boards on long-term strategic
issues and financing in the industrials and chemicals sectors.
Prior to joining Centerview, Mr. Collins served as the Vice
Chairman of Barclay’s North American Investment Banking Division,
Energy and Chemicals from 2008 to 2014. Previously, he held various
leadership positions at Lehman Brothers, Merrill Lynch, the
Blackstone Group and Salomon Brothers. During his tenure in
investment banking, he advised on approximately $190 billion in
various transactions worldwide.
Mr. Collins holds a Master of Business
Administration from the Wharton School, University of Pennsylvania
and a Civil Law degree with Honors from University College in
Dublin, Ireland.
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial
lithium development company focused on the sustainable development
of a portfolio of large, high-grade lithium-brine properties in the
United States. The Company prioritizes projects characterized by
the highest quality resources, robust infrastructure, skilled
labor, and streamlined permitting. Standard Lithium aims to achieve
sustainable, commercial-scale lithium production via the
application of a scalable and fully integrated Direct Lithium
Extraction (“DLE”) and purification process. The Company’s flagship
projects are located in the Smackover Formation, a world-class
lithium brine asset, focused in Arkansas and Texas. In partnership
with global energy leader Equinor ASA, Standard Lithium is
advancing the South West Arkansas project, a greenfield project
located in southern Arkansas, and actively exploring promising
lithium brine prospects in East Texas. Additionally, the Company is
advancing the Phase 1A project in partnership with LANXESS
Corporation, a brownfield development project located in southern
Arkansas. Standard Lithium also holds an interest in certain
mineral leases in the Mojave Desert in San Bernardino County,
California.
Standard Lithium trades on both the TSX Venture
Exchange and the NYSE American under the symbol “SLI”; and on the
Frankfurt Stock Exchange under the symbol “S5L”. Please visit the
Company’s website at www.standardlithium.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release. This news release may contain
certain “Forward-Looking Statements” within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and other similar
words or expressions identify forward-looking statements or
information. These forward-looking statements or information may
relate to intended development timelines, future prices of
commodities, accuracy of mineral or resource exploration activity,
reserves or resources, regulatory or government requirements or
approvals, the reliability of third party information, continued
access to mineral properties or infrastructure, fluctuations in the
market for lithium and its derivatives, changes in exploration
costs and government regulation in Canada and the United States,
and other factors or information. Such statements represent the
Company’s current views with respect to future events and are
necessarily based upon a number of assumptions and estimates that,
while considered reasonable by the Company, are inherently subject
to significant business, economic, competitive, political and
social risks, contingencies and uncertainties. Many factors, both
known and unknown, could cause results, performance or achievements
to be materially different from the results, performance or
achievements that are or may be expressed or implied by such
forward-looking statements. The Company does not intend, and does
not assume any obligation, to update these forward-looking
statements or information to reflect changes in assumptions or
changes in circumstances or any other events affecting such
statements and information other than as required by applicable
laws, rules and regulations.
Investor and Media Inquiries
Allysa Iverson
Vice President, IR & Corporate Communications
+1 720 484 1147
a.iverson@standardlithium.com
Twitter: @standardlithium
LinkedIn: https://www.linkedin.com/company/standard-lithium/
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