Volt Lithium Ord Shs Stock Price, News & Analysis

LibertyStream Infrastructure Partners (OTCQB: VLTLF) has successfully closed its previously announced promissory notes offering, raising aggregate gross proceeds of $3,530,000. The offering includes $3,400,000 in senior secured notes purchased by Pathfinder Asset Management and $130,000 in unsecured notes acquired by CEO Alex Wylie.

The notes carry a 12% annual interest rate, maturing on August 8, 2026, with early redemption options. The company issued 3,004,255 bonus shares at $0.235 per share, representing 20% of the principal amount. The proceeds will fund a $2,100,000 refining unit purchase and $1,430,000 for working capital.

LibertyStream (OTCQB: VLTLF) has announced two significant developments: the acquisition of a commercial lithium carbonate refining unit and a $3.53 million promissory note financing. The new refining unit can produce up to 10 tonnes per annum of industrial and battery-grade lithium carbonate, building upon the company's successful deployment of North America's largest operational DLE system in Texas.

The financing includes 12% promissory notes due in one year, with Pathfinder Asset Management subscribing $3.4 million (secured) and CEO Alex Wylie contributing $130,000 (unsecured). The proceeds will fund the refining unit purchase ($2.4 million) and working capital ($1.13 million). The deal includes issuing 2,893,617 bonus shares to lenders, representing 20% of the principal amount at $0.235 per share.

LibertyStream Infrastructure Partners (OTCQB: VLTLF) has successfully completed a field trial of its proprietary mobile Direct Lithium Extraction (DLE) unit in North Dakota's Bakken region. The trial, supported by US$2.5 million in funding from North Dakota authorities, achieved an impressive 96% lithium extraction rate from oil-field brine.

The field unit processed brine with an average lithium content of 75 mg/L, handling 300 gallons per DLE cycle. The company has completed over 1,300 DLE cycles across six months of U.S. operations, demonstrating scalability in both the Permian and Bakken basins, which represent 60% of total U.S. onshore oil output.

The Permian Basin's potential lithium carbonate equivalent (LCE) production is estimated at 170,000 tonnes per annum, while the Williston Basin Bakken could potentially produce ~50,000 tonnes per annum LCE.

Volt Lithium (VLTLF) announces the deployment of its mobile Direct Lithium Extraction unit in North Dakota's Bakken region, scheduled for June 2025. The US$2.5 million project, supported by North Dakota authorities and partnering with Wellspring Hydro, marks Volt's expansion into its second major U.S. basin. The company's proprietary DLE technology, already operational in the Permian Basin processing 10,000+ barrels/day, adapts to multiple brine chemistries. The Bakken operation features higher lithium concentration (90 ppm) compared to Permian (30 ppm), with potential production of 50,000 tonnes LCE annually. The company, soon to be renamed LibertyStream Infrastructure Partners, is building lithium chloride inventory and converting it to high-purity lithium carbonate for potential buyers. Their strategic presence in both Permian and Bakken basins, representing 60% of U.S. onshore oil output, positions them for significant lithium extraction opportunities.

Volt Lithium Corp (VLTLF) announces key strategic changes including the appointment of co-founder Marty Scase as Executive Chairman and a proposed name change to LibertyStream Infrastructure Partners Inc. The company will hold its AGM on June 18, 2025. Volt has made significant operational progress with its Direct Lithium Extraction (DLE) technology, successfully deploying its Generation 5 Field Unit capable of processing 10,000 barrels of oilfield brine daily - the largest operational DLE system for oilfield brines in North America. The company has secured strategic partnerships, including a $2.5 million grant from North Dakota, and is transitioning towards commercial-scale lithium production with a focus on U.S. operations to align with domestic critical mineral production initiatives.

Volt Lithium Corp (VLTLF) has secured an additional US$2 million grant from the State of North Dakota through its partnership with Wellspring Hydro. The funding aims to advance Volt's proprietary direct lithium extraction (DLE) technology for domestic commercial deployment.

The grant follows a successful Field Study Agreement from December 2024 and will be used to scale Volt's DLE technology in North Dakota's Bakken formation. The company's strategy involves utilizing existing oilfield infrastructure to reduce capital requirements and accelerate operational readiness.

While maintaining its core focus on the Permian Basin in Texas, Volt plans to transfer its operational expertise to other regions, starting with North Dakota. The funding was awarded through North Dakota's Clean Sustainable Energy Authority Program and Renewable Energy Program, aiming to promote renewable energy development and benefit local businesses.

Volt Lithium Corp (VLTLF) has announced successful operations of its Generation 5 Field Unit in the Permian Basin, Texas, achieving up to 99% lithium extraction efficiency. The unit, operational since February 11, has undergone over 90 system tests to optimize performance parameters.

The Generation 5 unit represents Volt's largest Direct Lithium Extraction (DLE) system to date, with a 10,000+ barrel-per-day operational capacity. Internal Nuclear Magnetic Resonance (NMR) testing has confirmed the high recovery rates, validating previous third-party verifications.

The company is currently focusing on establishing baseline parameters for automation, evaluating reagent usage, cycle time, and processing metrics. Volt has also initiated lithium stockpiling to build inventory for potential customers, preparing for future commercial demand.

Volt Lithium Corp. (VLTLF) has announced successful continuous operation of its Generation 5 Field Unit in the Permian Basin, Texas, achieving a significant milestone by processing 11,573 barrels during a 24-hour run on February 12, 2025. This throughput exceeded the initial target of 10,000 barrels per day.

The company built and deployed its largest Direct Lithium Extraction (DLE) system in just four weeks, from mid-January to early February. The system's scale required direct field deployment, bypassing testing at Volt's Calgary facility. The company has begun stockpiling lithium and will continue system testing throughout February to determine peak throughput capacity.

Notably, Volt remains unaffected by potential new tariffs on Canadian imports due to its U.S.-based supply chain, Texas operations, and focus on domestic customers.

Volt Lithium Corp. (VLTLF) is advancing towards commercialization of its Direct Lithium Extraction (DLE) technology with the upcoming launch of its Generation 5 Field Unit in Texas by late January 2025. The new modular unit is designed to process 10,000 barrels of oilfield brine per day, marking a significant upgrade from the Generation 4 unit's 2,500-barrel capacity.

All essential equipment, including proprietary lithium extraction compounds and DLE processing modules, has been installed at the partner's facility. The lithium storage facilities are complete and ready to stockpile product for future sales, with operations expected to begin in early February 2025.

The company has appointed Bill McClain as Investor Relations lead and issued 250,000 stock options to staff, exercisable at $0.30 per share until January 2029. Additionally, Volt corrected its November 2024 private placement disclosure, confirming total issuance of 1,559,354 Units for gross proceeds of $483,399.74.