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Day: May 2, 2022

Standard Lithium Advances Project Pipeline as It Commences Preliminary Feasibility Study at Its South West Arkansas Lithium Project

EL DORADO, Ark., May 02, 2022 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project development company, today announced the commencement of a Preliminary Feasibility Study (PFS) at its South West Arkansas Lithium Project (the “Project”), which is located approximately 35 miles west of the Company’s Lanxess project. Standard Lithium recently completed a Preliminary Economic Assessment at the Project (see Company news release Nov 26, 2021), and on the basis of positive project economics and favorable project fundamentals, the Company has commissioned a team of technical experts to complete a NI43-101 compliant PFS for the Project. The PFS will consider an integrated project including; brine supply and injection wells,...

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Rezolute, Inc. Announces Aggregate $130 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market

REDWOOD CITY, Calif., May 01, 2022 (GLOBE NEWSWIRE) — Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company dedicated to developing transformative therapies with the potential to disrupt current treatment paradigms for devastating metabolic diseases, today announced the pricing of an underwritten registered direct offering of an aggregate of 18,026,315 shares of its common stock at an offering price of $3.80 per share, and, to certain investors in lieu of common stock, pre-funded warrants to purchase up to 12,921,055 shares of common stock at an offering price of $3.799 per pre-funded warrant, which represents the per share offering price for the common stock less the $0.001 per share exercise price for each pre-funded warrant. Certain of the pre-funded warrants offered to investors are only exercisable upon...

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