LibertyStream announces private placement offering up to $10 million

LibertyStream Infrastructure Partners Inc. (TSXV: LIB) announced a non-brokered private placement offering of up to $10 million through the sale of units priced at $0.65 each.

Each unit consists of one common share and one warrant. The warrants allow holders to purchase additional common shares at $1.00 per share within 36 months of the offering's completion.

The units will be offered to purchasers in Canadian provinces except Quebec under the listed issuer financing exemption. The company stated that shares and warrant shares are expected to be immediately tradeable under Canadian securities legislation for Canadian purchasers.

In the United States, units may only be sold to accredited investors through private placement exemptions. Securities sold in the U.S. will be classified as restricted securities.

LibertyStream plans to use proceeds to develop its direct lithium extraction technology, scale up lithium carbonate production at its Delaware Basin facility in Texas, provide product samples to potential customers, and for general working capital purposes.

The offering is expected to close around December 10, 2025, subject to customary closing conditions including TSX Venture Exchange approval.

LibertyStream describes itself as a lithium development and technology company working to become a commercial producer of lithium carbonate from oilfield brine in North America. The company operates a field unit in the Delaware Basin in Texas.

The announcement included standard disclaimers that there is no assurance regarding completion, size, or final terms of the offering.

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