Canada Standard Lithium Tender

Standard Lithium Ltd. Standard Lithium or the Company an innovative technology and lithium project development company announced that LANXESS Corporation the Lender has elected for the early conversion in full of its loan facility the Loan previously advanced to the Company.Conversion of the Loan will allow the Company to strengthen its balance sheet with the elimination of long-term debt and conserve capital for ongoing project development work. The early conversion of the Loan will also reduce interest expense and positions the Lender as a key shareholder.The Company has issued 6251250 common shares and 3125625 share purchase warrants each a Warrant to the Lender in connection with the conversion of the outstanding Loan and has retired the principal of the Loan in the amount of US3750000. Each warrant is exercisable to acquire an additional common share of the Company at a price of C1.20 until June 10 2024. For further information regarding the terms of the Loan readers are encouraged to review the news release issued by the Company on October 30 2019.