CORRECTING and REPLACING LibertyStream Announces Closing of Second and Final Tranche of LIFE Offering

Executive Summary

• LibertyStream Infrastructure Partners Inc. closed the second and final tranche of its private placement, issuing 1,676,923 Units at $0.65 per Unit for gross proceeds of $1,089,999.95.
• Total gross proceeds from the overall offering now equal $9,999,999.10 from an aggregate of 15,384,614 Units.
• Net proceeds will be used to advance direct lithium extraction (DLE) technology, scale‑up lithium carbonate production in the Delaware Basin, provide product samples to prospective off‑takers, and fund general working capital.

Key Details

• Units Issued – Final Tranche: 1,676,923 Units at $0.65 per Unit → $1,089,999.95 gross proceeds.
• Total Offering Size: 15,384,614 Units for total gross proceeds of $9,999,999.10.
• Unit Composition: Each Unit = 1 common share + 1 whole‑share purchase warrant.
• Warrant Terms: Warrants allow purchase of one Common Share at an exercise price of $1.00 per share, exercisable for 36 months after the Offering’s completion.
• Exemption Used: Listed Issuer Financing (LIFE) exemption under NI 45‑106; securities are not subject to a hold period in Canada.
• Use of Proceeds:
• Development of proprietary DLE technology to improve operating efficiencies.
• Scale‑up of lithium carbonate production at the Delaware Basin field unit, moving toward commercial production.
• Creation of sample programs for potential customers and off‑takers.
• General working capital and corporate purposes.
• Regulatory Notes: Units are “restricted securities” in the U.S.; not registered under the U.S. Securities Act and may only be sold to U.S. accredited investors or qualified institutional buyers pursuant to applicable exemptions.

Notable Quotes

(No direct quotes were provided in the release.)