LibertyStream Announces Closing of First Tranche of LIFE Offering

Executive Summary

• LibertyStream Infrastructure Partners Inc. closed the first tranche of its private placement, issuing 13,707,691 units at $0.65 per unit for gross proceeds of $8,909,999.15.
• The net proceeds will be used to advance lithium extraction technology, scale‑up lithium carbonate production in the Delaware Basin, develop customer samples, and fund general working capital.
• A second and final tranche of 1,676,923 units for an additional $1,089,999.95 is expected to close around December 16 2025.

Key Details

• Units Issued (First Tranche): 13,707,691 units @ $0.65 each → $8,909,999.15 gross proceeds.
• Unit Composition: 1 common share + 1 whole‑share purchase warrant per unit.
• Warrant Terms: Exercise price $1.00 per share; exercisable for 36 months after closing of the offering.
• Offering Structure: Private placement relying on the “listed issuer financing” exemption (NI 45‑106) and LIFE exemption; no hold period under Canadian securities law.
• Use of Proceeds:
• Develop direct lithium extraction technology to improve operating efficiencies.
• Continue scale‑up of lithium carbonate production at field unit in the Delaware Basin, Texas, moving toward commercial production.
• Create sample lithium carbonate and other lithium product offerings for potential customers/off‑takers.
• General working capital and corporate purposes.
• Second Tranche (Planned): 1,676,923 units @ $0.65 each → $1,089,999.95 gross proceeds; expected closing ~December 16 2025.
• U.S. Securities Law Disclaimer: Units not registered under the U.S. Securities Act; offered only to accredited U.S. investors pursuant to Regulation D or Rule 144A and issued as restricted securities.

Notable Quotes

(No direct quotes were included in the release.)