LibertyStream Infrastructure Partners Inc. develops direct lithium extraction technology for producing lithium carbonate from oilfield brine. Company news centers on its proprietary DLE platform, lithium carbonate refining systems, field operations in Texas, and integration with existing oil and gas water infrastructure.
Recurring updates include Gen 6 platform improvements, production from the Howard County, Texas facility at Select Water Solutions, customer qualification and purchase-order activity, financing for technology development and scale-up, and governance or corporate-structure actions such as the completed Texas incorporation.
LibertyStream (VLTLF) appointed Keirah Burrell interim chief financial officer, succeeding Morgan Tiernan as he retires from the role.
Burrell was previously the company’s vice president of accounting operations and joined earlier in 2026. A licensed certified public accountant, she has more than 15 years of experience in public accounting, controllership and finance transformation. Her work includes coordinating completion of LibertyStream’s inaugural U.S. GAAP audit, and she leads its NetSuite implementation.
LibertyStream continues to develop its financial reporting, internal controls and systems in support of its previously announced plans for a U.S. exchange listing. Tiernan will support the handover.
LibertyStream (VLTLF) issued senior secured 12% promissory notes to Pathfinder Asset Management with an aggregate principal of C$15,000,000, maturing on September 21, 2027.
The Notes are secured against all present and after-acquired property of the company, bear simple interest at 12% per annum with interest payable on the Maturity Date, and may be redeemed at any time before maturity, in whole or in part, without notice, bonus or penalty. LibertyStream intends to use net proceeds primarily for capital expenditures at its Freedom 1 facility, with the balance for general working capital or other corporate purposes at its discretion.
In connection with the financing, the company expects to issue 3,061,224 bonus common shares to Pathfinder, equal in value to 20% of the principal, priced at C$0.98 per share, subject to TSX Venture Exchange approval and Canadian and U.S. resale restrictions.
LibertyStream (VLTLF) executed a non-binding term sheet with Endurance Finance Partners for a proposed project financing framework of up to US$95 million.
The framework contemplates a delayed-draw senior secured construction credit facility to fund the Freedom 1 and Freedom 2 projects and a future-site financing framework under which Endurance may provide additional funding for later LibertyStream sites. The proposed facility would be drawn against independently certified construction milestones, carry interest of 12.25% per annum, and mature five years after execution of definitive agreements.
The term sheet also provides for fees, minimum-return protections and common share purchase warrants equal to up to 10% in respect of the initial US$45 million credit facility, exercisable for seven years after issuance. Closing remains subject to due diligence, approvals, negotiation of definitive agreements and other customary conditions, and there is no assurance the facilities will be completed.
LibertyStream (OTCQB: VLTLF) reported that since configuring Freedom Launchpad for battery-grade production on May 14, 2026, every full certificate of analysis through August 14, 2026 has shown lithium carbonate purity at or above 99.7%, above the commonly specified 99.5% battery-grade threshold.
According to LibertyStream, the fully automated Gen 6 direct lithium extraction system and integrated refining equipment have produced about three tonnes of lithium carbonate across battery-grade, technical-grade and customer-specific products, including one tonne delivered under its initial industrial trial order. Customer work spans seven organizations, and a definitive offtake agreement covers 600 tonnes per year beginning in 2027, aligned with the planned 1,000-tonne-per-year Freedom 1 facility.
LibertyStream (OTCQB: VLTLF, TSXV: LIB, FSE: I2D) reported that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock in the United States.
The company has not yet determined the number of shares to be offered or the price range. The offering is subject to completion of the SEC review process and prevailing market and other conditions, and this announcement does not constitute an offer to sell or solicit securities.
LibertyStream (TSXV: LIB, OTCQB: VLTLF, FSE: I2D) appointed Lisa Paulk Bohls, CPA, to its Board of Directors, effective August 7, 2026. Bohls is a Houston-based finance executive with over 26 years of experience in public-company auditing, reporting, internal controls, governance and strategic growth.
She is Co-Founder and Chief Strategy Officer of BGL Advisors and previously held senior roles at The Siegfried Group, Ernst & Young and Arthur Andersen. Her appointment coincides with the retirement of directors Warner Uhl and Kyle Hookey. In connection with joining the Board, Bohls received a grant of 500,000 restricted share units (RSUs), vesting 12 months after the August 7, 2026 grant date, under LibertyStream’s Amended and Restated Omnibus Security Based Incentive Plan and subject to TSX Venture Exchange requirements.
LibertyStream (TSXV: LIB, OTCQB: VLTLF) has approved equity incentive grants to employees, consultants, senior management and directors, comprising 665,000 stock options and 740,000 restricted share units (RSUs) under its Amended and Restated Omnibus Security Based Incentive Plan.
The options vest 25% per quarter after the first quarter post‑grant, are exercisable for four years at CAD$0.80, and expire on August 3, 2030. The RSUs vest on August 3, 2027 and will be settled according to the Plan and TSX Venture Exchange requirements.
LibertyStream (TSXV: LIB, OTCQB: VLTLF) closed its previously announced non-brokered private placement, issuing 25,000,000 Units at C$0.80 per Unit for gross proceeds of C$20,000,000. Each Unit includes one Common Share and one-half Warrant, with each whole Warrant exercisable at C$1.10 for 24 months.
Insiders, including President and CEO Alex Wylie, subscribed for C$2,178,912, treated as a related party transaction under MI 61-101, from which LibertyStream relied on valuation and minority approval exemptions. The board unanimously approved the Offering.
Net proceeds will support development of direct lithium extraction technology, scaling lithium carbonate production facilities in the Midland Basin in Texas, providing product samples to potential customers and off-takers, and general working capital. LibertyStream paid Eligible Brokers C$171,384 in cash commissions and issued 214,230 compensation warrants, each exercisable for one Unit at C$1.10 for two years.
The securities are subject to Canadian and U.S. hold and resale restrictions and were placed under exemptions from U.S. registration requirements. LibertyStream agreed to file a resale registration statement with the SEC after any future U.S. stock exchange listing, but completion and timing of such listing and effectiveness are uncertain.
LibertyStream (TSXV: LIB, OTCQB: VLTLF) intends to complete a non-brokered private placement of up to 25,000,000 Units at C$0.80 per Unit for maximum gross proceeds of C$20,000,000. Each Unit consists of one Common Share and one-half Warrant, with each whole Warrant exercisable at C$1.10 for 24 months.
Insiders, including CEO Alex Wylie, are expected to subscribe for approximately C$1,700,000, treated as a related party transaction under MI 61-101, with LibertyStream relying on valuation and minority approval exemptions. Net proceeds are earmarked to advance direct lithium extraction technology, scale lithium carbonate production in the Midland Basin (Texas), provide product samples to potential customers and off-takers, and for working capital.
The offering may pay Eligible Brokers up to 6% cash commission and compensation warrants exercisable at C$1.10 per Unit for two years. Closing is expected in one or more tranches, with a first closing around July 23, 2026, subject to customary conditions and TSXV approval. Securities will be subject to Canadian and U.S. hold and resale restrictions, and any U.S. sales will rely on exemptions under the U.S. Securities Act. LibertyStream has agreed, conditional on a future U.S. stock exchange listing, to file a resale registration statement with the SEC, though no assurance is given such listing or registration will occur.
LibertyStream (OTCQB: VLTLF) signed a definitive multi-year lithium carbonate offtake agreement with a U.S. industrial customer tied to its Freedom 1 facility in Howard County.
The deal covers 600 tonnes per year from 2027 (60% of 1,000 tpa design capacity), with pricing set for the first two years.
Quarterly deliveries of 150 tonnes and defined pricing are expected to support customer delivery planning and LibertyStream’s evaluation of capital options for Freedom 1.