Northwire Canada EditionFriday, November 13, 2026
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Gold 3,883.10 −0.1% Silver 48.95 −2.2% Copper 6.10 −1.6% Oil 88.51 −0.3% Palladium 1,009.25 +1.8% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.20 −6.0% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.54 −2.2% OBUL 0.340 −1.4% MKO 10.62 −1.9% SGML 7.29 +3.0% Gold 3,883.10 −0.1% Silver 48.95 −2.2% Copper 6.10 −1.6% Oil 88.51 −0.3% Palladium 1,009.25 +1.8% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.20 −6.0% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.54 −2.2% OBUL 0.340 −1.4% MKO 10.62 −1.9% SGML 7.29 +3.0%
Financings

LibertyStream Announces Closing of Second and Final Tranche of LIFE Offering

LIB · Price

Executive Summary

  • LibertyStream Infrastructure Partners Inc. has closed the second and final tranche of its previously announced private placement, bringing total gross proceeds to $9,999,999.10.
  • The final tranche consisted of 13,701,691 Units issued at $0.65 per Unit, generating $1,089,999.95 in gross proceeds.
  • Net proceeds will be utilized to develop direct lithium extraction (DLE) technology, scale up lithium carbonate production at the Delaware Basin field unit, and provide working capital.

Key Details

  • Transaction Structure: Private placement of Units under the "listed issuer financing" (LIFE) exemption (National Instrument 45-106).
  • Final Tranche Details:
    • Units Issued: 13,701,691 Units.
    • Price Per Unit: $0.65.
    • Gross Proceeds (Final Tranche): $1,089,999.95.
  • Total Offering Details:
    • Total Gross Proceeds: $9,999,999.10.
    • Total Units Issued: Implied total of approximately 15,384,615 Units (based on total proceeds and price).
  • Unit Composition: Each Unit consists of one Common Share and one whole Common Share Purchase Warrant.
  • Warrant Terms:
    • Exercise Price: $1.00 per Warrant Share.
    • Duration: 36 months following the completion of the Offering.
    • Rights: Entitles holder to purchase one Common Share per Warrant.
  • Use of Proceeds:
    • Develop Company’s direct lithium extraction (DLE) technology to improve operating efficiencies.
    • Continue scale-up of lithium carbonate production at the field unit in the Delaware Basin, Texas, moving toward commercial lithium production.
    • Create avenues to provide lithium carbonate and other lithium product samples to potential future customers and off-takers.
    • General working capital and corporate purposes.
  • Regulatory/Listing Status:
    • Securities issued are not subject to a hold period under applicable Canadian securities laws.
    • Units have not been registered under the U.S. Securities Act of 1933.
    • Offered and sold in the U.S. to accredited investors (Rule 501(a) Regulation D) or qualified institutional buyers (Rule 144A).
    • Units issued as "restricted securities" under Rule 144(a)(3).

Notable Quotes

  • No direct quotes from the CEO or President were included in the text of this release.
Read the original news release →

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