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Net Element, Inc. (NASDAQ: NETE) Attracts $7.55 Million Investment on Heels of Blockchain Initiative

  • Blockchain-focused business unit launched to create crypto-based ecosystem connecting merchants and consumers
  • Cryptocurrency and blockchain technology applications market could reach $10 trillion by 2033
  • Institutional investment of $7.55 million will support blockchain initiatives and continued growth

Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices, recently announced that it has completed a $7.55 million private placement of restricted common stock and warrants with a New York-based office that has made several investments in blockchain technology platforms. Shares of Net Element rose on news of the investment, which will be used to fuel development of the company’s blockchain-focused business unit, support growth initiatives and allow for potential acquisitions, Net Element CEO Oleg Firer said in a press release (http://ibn.fm/z1hzf).

“We are delighted to receive a significant investment that will help ensure full scalability of our platform and accommodate the Company’s anticipated future growth as well as the development of our value-added services blockchain platform,” Firer said. “The Company’s balance sheet is now the strongest in its history, allowing Net Element to support future growth opportunities.”

A capital markets analyst with The Royal Bank of Canada predicts that the cryptocurrencies and blockchain technology applications market could reach $10 trillion by 2033, an article in Bitcoin Magazine states (http://ibn.fm/BED3e). In his January 3 report, a summary of which was shared via Twitter (http://ibn.fm/DtSBv), Mitch Steves states that he believes the bulk of the massive market share would be created through blockchain technology’s ability to “secure the internet.” The $10 trillion figure represents one-third of the current size of the market for value storage services such as Dropbox or iCloud, Steves points out.

Net Element’s blockchain-based business unit is expected to become a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services offered by the company. Net Element’s determination to bring the transparency, security and peer-to-peer sales potential of blockchain technology to its merchants and consumers is driving the company’s move in this emerging market. Net Element has partnered with Bunker Capital to develop and deploy blockchain technology-based solutions.

“We believe that we’re at the dawn of a new evolution where additional digital payment methods are being introduced,” Firer added (http://ibn.fm/vKsaL). “Introduction of our division focused on blockchain as part of the NASDAQ-listed entity will add transparency and compliance assurance to our investors as well as provide access to deploy value-added services to over 20 million electronic commerce clients that are currently part of Net Element’s growing network.”

For more information, visit the company’s website at www.NetElement.com

Golden Leaf Holdings, Ltd. (OTCQB: GLDFF) (CSE: GLH) Subsidiary Receives First Genetics at Ontario Plant-Growing Facility

  • Company plans mid-2018 commencement of adult-use market sales in Canada as it addresses medical segment opportunity
  • The firm received its cultivation license during the fourth quarter of 2017, anticipates receiving its sales license by May
  • Phillip Millar, MMG president, said company’s portfolio includes genetic strain that holds the highest level of CBD in Canada, sees potential in medical segment and for European export

Golden Leaf Holdings, Ltd. (OTCQB: GLDFF) (CSE: GLH) recently announced that its subsidiary, Medical Marijuana Group (“MMG”), has received its first order of genetics at its St. Thomas, Ontario facility as it transitions from a production location to a functioning plant-growing unit (http://ibn.fm/8l4tD). The move comes after MMG received its cultivation license in the fourth quarter of 2017.

The firm anticipates receiving its sales license by May, and it has already prepared applications for licenses for oil extraction and wholesale. The plants received at the St. Thomas location are expected to be ready for cultivation in three months, the company said, and it anticipates additional shipments in the future.

GLDFF is a Canadian company with operations in Oregon, Nevada and Canada, and it is one of the largest cannabis oil and solution providers in North America. GLDFF cultivates, extracts, manufactures and distributes its products through its own branded Chalice Farm retail dispensaries, as well as third-party dispensaries. Its advantages include a scalable and proprietary supply chain, low cost production of cannabis supply oils, high brand equity and a proven business model that’s exportable to other states.

“MMG Canada has bold expansion plans for 2018 as its prepares for the commencement of adult-use market sales in Canada in mid-2018, and to adequately address the ever-increasing medical segment opportunity,” William Simpson, CEO of the company, stated in a news release.

The company’s portfolio includes a genetic strain which holds the highest level of CBD in Canada. Phillip Millar, MMG president, added, “This genetic is extremely valuable in the medical market and also holds tremendous potential for European export. We are encouraged by the strong demand for our high-quality THC strains that we expect will provide a strong platform for dynamic growth across Canada.”

For more information, visit the company’s website at www.GoldenLeafHoldings.com

YiLoLife, Inc. Plans to Expand into California

  • YiLo has now received a California state license to manufacture and cultivate cannabis
  • YiLo is increasing its product line with introduction of additional CBD products and the ‘Jamyn’ brand of edibles
  • Company operates in Arizona, with wholesale operations and the YiLo Superstore on Thunderbird Road in Phoenix, and plans wholesale distribution throughout California

YiLoLife, Inc. (“YiLo”), a cannabis holding company, is setting plans in place to expand into California from its Arizona base. YiLo is now developing operations in California for cultivating and manufacturing products. It has acquired a 34,000 square foot warehouse on a 4.66 acre parcel and also obtained a California state license enabling it to cultivate, manufacture and distribute within the state, according to Carsten Loelke, founder and CEO.

The company is currently working on building out the warehouse to ready it for the processing of its products. YiLo notes that the facility can be expanded to up to 130,000 square feet.

The Phoenix-based company is already operational in the neighboring state of Arizona, where it distributes its line of YiLo-branded edibles, such as soft gels and gummies, drinks and other THC and CBD products, to dispensaries statewide. It also operates the YiLo Superstore on 2841 W Thunderbird Road in Phoenix.

YiLoLife, Inc.’s goal is to become a public company listed on the NASDAQ. To achieve that, the company is seeking to attract more shareholders, as required to qualify to be listed on the exchange. “It’s a new era for cannabis. There’s never been a better time to invest,” Loelke said.

California is developing the largest cannabis market in the world, and YiLo’s expansion could mean an even more lucrative investment for its shareholders.

For more information, visit the company’s website at www.YiLo.com

Earth Science Tech, Inc. (ETST) Enters New Stage of Cannabis Industry Growth

  • Cannabis industry expected to reach $24.5 billion in sales within four years
  • Company expanding into Canada ahead of expected nationwide legalization
  • Medical diagnostic device set for clinical tests to validate detection of STDs

With the sunny investment disposition toward marijuana and blockchain-related industries carrying over from late 2017’s marketplace into the new year (http://ibn.fm/0jJdm), Florida-based Earth Science Tech, Inc. (OTC: ETST) is optimistic about its ability to serve the medical and recreational needs of a growing population of cannabis users. The biotechnology company has established a research agreement with the University of Central Oklahoma and DV Biologics Laboratory to study and advance the health care benefits of its high-grade hemp CBD oil, placed its cannabidiol (CBD) food products in retail stores throughout the country, established a non-profit foundation to help underprivileged patients use its products and acquired Quebec, Canada-based Canna Inno Laboratories Inc. in a bid to expand into that country as it prepares to legalize the recreational use of marijuana on a national basis later this year.

Earth Science Tech, Inc. announced in May 2014 that it was entering the legal cannabis and medical marijuana industry as a natural progression of its mission to deliver wellness and alternative medicine options to American consumers. In the nearly four years since, a growing number of states have legalized medicinal and recreational uses for marijuana derivatives as popular sentiment has shifted toward acceptance of the drug despite its continued classification as a controlled substance by the federal government. The revolution in Canada that is expected to result in full legalization this summer has outpaced U.S. attitudes and provided a near-neighbor alternative for U.S. businesses that continue to encounter market obstacles at home.

Variances in forecasts about the market potential for the legal cannabis industry are measured in billions of dollars nowadays; cannabis industry analysts Arcview Market Research, in partnership with BDS Analytics, predicts that the market will reach $24.5 billion in sales within the next three to four years with a 28 percent CAGR that follows on a 33 percent increase between 2016 and 2017 despite ongoing federal prohibition (http://ibn.fm/of9OR). As this market potential grows, Earth Science Tech is working to uplist under the OTCQB’s regulations for new Tier II Regulation A+ companies, with hopes for SEC approval by March.

The proposed uplisting will underpin efforts to raise an additional $4 million in operating capital so the company can complete planned projects advancing its brand in the United States and Canada. In December, Earth Science Tech announced a CBD product revamp and brand education strategy (http://ibn.fm/vyiCM) that it expected to launch by the end of January, along with a renewed push for major donors to help its non-profit foundation and a collaboration with a start-up accelerator in Canada to help it ramp up its brand awareness.

In February, the company plans to begin a nine-month series of human clinical trials on its new CBD formulation, which is designed to decrease cravings and the negative effects of withdrawal in addicts. If the trials prove successful, the product is set to launch in 2019 as a new addition to the stable of Earth Science Tech patent-pending offerings.

“We look to hit the ground running in 2018 with all we have lined-up in the first quarter,” president, director and COO Nickolas Tabraue stated in a news release. “We have other exciting discussions that are progressing well, and we will share those once any material developments have been finalized. Our story and vision will be seen very soon and we greatly appreciate all who have believed in us since the beginning.”

Another aspect of Earth Science Tech’s mission is to develop low-cost, noninvasive home-use diagnostic tools for sexually transmitted infections and/or diseases. The company’s first medical device has been labeled MSN-2, which is set for clinical tests under an agreement with Laboratories BNK Canada to ensure the device meets regulatory requirements as part of the company’s bid to meet the specific needs of women. Earth Science Tech has already established the MSN-2 device’s ability to detect chlamydia, and it now aims to validate similar results for gonorrhea, another sexually transmitted disease that can have permanent consequences for patients if untreated. The company also plans to add testing to detect the different serotypes of the human papillomavirus (HPV) that causes cervical cancer. The diagnostic testing market for STDs is expected to grow to $108 billion by 2019, according to Transparency Market Research.

For more information, visit the company’s website at www.EarthScienceTech.com

IEG Holdings Corp. (IEGH) Aims to be Key Player in the Cryptocurrency/Blockchain Sector

  • IEG Holdings plans to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments
  • The company’s loans offer interest rates that are significantly lower than payday lenders
  • Adoption of blockchain technology offers substantial growth potential

On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan repayments through blockchain technology. Investment Evolution Crypto has not started mineral operations as yet, but it is currently developing plans to explore these crypto/blockchain opportunities. These efforts will include an evaluation of the legalities and associated economic risks.

Unlike other digital currencies like bitcoin, ether, Ripple and Litecoin, IEG Holdings’ cryptocurrency will be backed by gold and registered with the Securities Exchange Commission (SEC) as a security.

In a news release, the company’s chairman and CEO, Paul Mathieson, had this to say about the venture: “We believe potentially combining the exciting new blockchain technology with the hard asset of gold metal, expected SEC registration, a leading sophisticated online consumer finance system and individual U.S. state lending licenses is a very exciting proposition. In addition, we believe the future leaders of the crypto/blockchain sector will be companies that are materially compliant with all the existing and future related U.S. government legislation. We aim for IEGH to leverage off its existing fintech business credentials, specifically its extensive experience in online consumer loans, to potentially be a key player in the crypto/blockchain sector.”

IEG Holdings, based in Las Vegas, is a global leader in consumer finance and provides small-sized online personal loans to consumers in the United States. Through its operating subsidiary, Investment Evolution Corporation, the company offers loans under the brand “Mr. Amazing Loans.” Mr. Amazing Loans is a fintech company that specializes in providing loan amounts of $5,000 to $10,000 to consumers through a professional, user-friendly website. IEG Holdings’ loans are unsecured consumer loans with a five-year maturity period and interest rates that are significantly lower than payday lenders.

Through Mr. Amazing Loans, consumer loans receive same-day processing, with no prepayment penalty and no hidden or additional fees. Repayment interest rates are fixed at an annual percentage rate (APR) of 29.9 percent or less for the life of the loan.

According to the Center for Responsible Lending, typical payday lenders charge interest rates ranging from 391 percent to 521 percent APR on loans from $100 to $1,000 (http://ibn.fm/XyAYf). Terms presented by Mr. Amazing Loans offer low fixed repayments which fit into consumer budgets in an effort to ensure that they strengthen their financial positions. Loans may be approved on the same day of application, and funds are deposited directly into approved consumers’ bank accounts.

IEG Holdings is licensed and/or holds certificates of authority to originate loans in 20 states, including Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon, Pennsylvania, Texas, Utah, Virginia and Wisconsin. All loans are processed and serviced through the company’s corporate offices in Las Vegas, which eliminates the need for physical offices in each state where the company is licensed to conduct business.

While IEG Holdings’ primary goal is to create its own gold metal-backed cryptocurrency, it will explore the acceptance of established digital currencies, like bitcoin, for consumer loan repayment. With its foray into the rapidly growing blockchain space, 2018 promises to be a year of substantial growth for the company.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

Medical Cannabis Payment Solutions (REFG) Offers a Simple Banking Solution

  • Bringing to market the first and only comprehensive card processing operation of its kind, simple for businesses and clients
  • Helps cannabis distributors stay in compliance with all federal laws
  • Empowers businesses with an advanced client management system

Medical Cannabis Payment Solutions (OTC: REFG) provides the industry with fully secure, state-of-the-art financial services that are simple to set up and easy to use. In January, the company launched Green, a platform with full merchant account functionality. Cash-only operations are now a thing of the past. This comprehensive card processing operation allows for online sales, client management, repeat billing and 100 percent secure electronic payments. Still classified as an illegal drug by the federal government, marijuana sales have left legal marijuana distributors in need of financial and banking solutions. Green is the answer.

Green allows marijuana dispensaries to have immediate access to funds while simultaneously keeping them in compliance with all Financial Crimes Enforcement Network (FinCEN) laws. Operating as a cash-only business creates a number of problems. Tracking funds and managing security can be a logistical nightmare. Medical Cannabis Payment Solutions allows businesses to be more accountable with their cash flow and more accurately track sales. It also helps simplify payroll and bills. Businesses can pay expenses straight from their Green accounts.

Medical Cannabis Payment Solutions offers businesses an advanced client management system, relieving the headache that comes with a cash-only operation. Green allows businesses to take payments directly from patients. Branded cards for clients are available so that they will have the businesses’ brands with them everywhere they go, fostering customer loyalty. Recurring billing orders can be set up, as well as integrated ecommerce shopping carts for online orders. Green is a total banking solution. Cannabis-related businesses now have top-tier banking solutions that are simple to use.

For more information, visit the company’s website at www.REFG.co

Let us hear your thoughts: Medical Cannabis Payment Solutions Message Board

Teewinot Life Sciences Corporation: At the Vanguard of Biopharmaceutical Cannabinoid Therapeutics

  • Global medicinal cannabinoid market to exceed $55 billion by 2025
  • Teewinot has created patent protected methods to produce exact cannabinoid molecules called CANNSYNTHESIS®
  • Efficient cost-effective methods reduce production time and increase purity

There is indisputable scientific evidence of the curative effects of cannabinoids, and specialty biopharmaceutical companies are positioning to capitalize on the explosive growth expected in the cannabinoid-derived pharmaceutical market. In a report that may be substantially underestimated, the global medical cannabinoid market is expected to exceed $55 billion by 2025 (http://ibn.fm/stG53). However, the discovery of the human endocannabinoid system dramatically changed both the understanding and the vast potential of cannabinoid therapeutics. Understanding of the human system of lipids and receptors has sparked new scientific research into cannabinoids that may affect a much broader range of physiological functions than previously considered. With a tsunami of innovation, cannabinoid biopharmaceutical companies now research, identify and develop new drug candidates to improve and extend patients’ lives, create unique therapeutics to treat multiple maladies and provide new solutions for unmet medical needs.

At the vanguard of biopharmaceutical advancements in cannabinoid therapeutics, Teewinot Life Sciences Corporation has emerged as a leader in the manufacture and delivery of products containing cannabinoids, cannabinoid analogs (modified to enhance efficacy), and cannabinoid prodrugs (activated by body metabolism). Teewinot’s patent-protected biosynthetic cannabinoid manufacturing processes, called CANNSYNTHESIS®, are substantially more efficient than conventional chemical synthesis or methods of botanical extraction from the cannabis plant. The company’s patent protected processes for production of pure cannabinoids utilize biocatalysts and synthetic biology. With its wholly owned subsidiaries, Teewinot Technologies Ltd. (fka Full Spectrum Laboratories Ltd.) and Teewinot Laboratories Inc. (fka CMH Biotechnologies), both domiciled in legally favorable jurisdictions, Teewinot has created novel methods of cannabinoid production that reduce cost and production time while increasing purity.

Teewinot’s unique ability to cost effectively manufacture industrial quantities of exact cannabinoid molecules and modify delivery methods may become an indispensable asset in the global quest to develop effective new cannabinoid therapeutics. The company’s system diversifies the number and types of molecules that can be made available for research, product development and commercial pharmaceutical production of potentially life-changing drugs.

To protect this invaluable asset, Teewinot has taken aggressive intellectual property protection actions and filed patent applications in key countries around the world. Teewinot has created an exceptional combination of cutting edge scientific research on cannabinoids and an aggressive intellectual property portfolio to develop new and improved patient therapies and build significant value.

A myriad of cannabinoid-based drugs may soon be developed to unlock a vast range of new therapeutics that benefit millions of ailing people and answer lingering unmet medical needs. These new-found therapeutics have the potential to create a bonanza in the biopharmaceutical sector, and Teewinot may well become the beneficiary.

For more information, visit the company’s website at www.TLSCorp.com

Let us hear your thoughts: Teewinot Life Sciences Message Board

Petrogress, Inc. (PGAS) Continues Sailing on the Sea of Oil to Success

  • Vertical integration strategy paying off
  • Successful oil trader
  • Expertise in shipping petroleum products

Oil continues to be the world’s leading fuel, according to experts, accounting for about one-third of global energy consumption (http://ibn.fm/kzaJw). Fifteen years of decline – from 1994 to 2014 – have not been enough to knock petroleum off that perch, and, in 2015 and 2016, its global market share actually rose. Despite the environmental concerns that surround its use, oil is going to be around for a while. The management team of Petrogress, Inc. (OTC: PGAS) knows that. The company has been operating in the oil and gas industry since 2009. Led by CEO Christos Traois, who has over 25 years’ experience in the maritime industry and an eight-year track record in the oil industry, Petrogress continues its journey to success. Its vision is to be a global, vertically integrated energy company, well regarded for its people, partnerships and performance. It is well on the way to being exactly that, as its landmarks will testify.

Incorporated in the Marshall Islands in 2009, the company set up operations in Piraeus, famed as the port city of Athens in antiquity, and began chartering its vessels to transport gas oil. Gas oil is distilled crude with a range of boiling points (250-350°C) very similar in properties to diesel. Relying on previous experience as a maritime bunker supplier in and around Greek ports, the company shipped petroleum product from the Black Sea to the Mediterranean. In 2010, due to the vibrancy of the oil and gas sector in Africa, Petrogress expanded operations to West Africa and, in particular, Nigeria and Ghana.

In 2011, Petrogress began trading crude. In view of its success in shipping petroleum products, the company decided to enter directly into trading crude, as well as shipping. Based on the expertise and relationships developed while acting solely as a carrier, Petrogress was able to seamlessly mesh its shipping and trading activities, after which the company was set for the next stage on its path to full integration.

By 2013, Petrogress had become well known in the region as a Low Pour Fuel Oil (LPFO) trader. It shipped around 110,000 barrels that year, most of which was bought from small suppliers. By 2014, it was operating four tankers and LPFO sales had increased to 175,000 barrels. In addition, the company transported 8,750 tons of gas oil that year. The company also collaborated with a small Ghanaian refinery and acquired another tanker. During 2015, Petrogress increased its petroleum product sales to around 400,000 barrels of LPFO and 10,000 tons of gas oil, strengthening its position as an oil trader in West Africa.

Going forward, Petrogress is eyeing the U.S. gas export market (http://ibn.fm/l690J). In 2017, the U.S. became a net exporter of natural gas, according to the U.S. Energy Information Administration (EIA), mainly because of growing exports to Mexico but also because of declining pipeline imports from Canada and increasing exports of liquefied natural gas (LNG). The United States is currently the world’s largest natural gas producer, having surpassed Russia in 2009. Natural gas production in the United States increased from 55 billion cubic feet per day (Bcf/d) in 2008 to 72.5 Bcf/d in 2016. Most of this natural gas – about 96 percent in 2016 – is consumed domestically. However, abundant resources and large production increases have created opportunities for significant U.S. natural gas exports.

At some point, Petrogress plans to begin leasing LNG tankers to enter this lucrative market. It has incorporated a subsidiary in Delaware – Navigas Carriers Inc. – specifically to manage its natural gas activities. A sister subsidiary – Petrogress Oil & Gas Energy Inc. – has been incorporated in Texas to handle trading and logistics. The company is actively seeking opportunities in operating and developing natural gas production and transmission facilities along with LNG processing in the U.S., as well as refinery operations in North and West Africa and the transport and sales of LNG in Europe.

For more information, visit the company’s website at www.PetrogressInc.com

Let us hear your thoughts: Petrogress, Inc. Message Board

Chanticleer Holdings, Inc. (NASDAQ: BURG) to Expand Little Big Burger Subsidiary with 8-12 More Units in 2018

  • BURG has announced a robust expansion pipeline for the Little Big Burger chain into Portland, San Diego, Seattle and Austin
  • Mike Pruitt, CEO of the company, said return on investment (ROI) has reached 60-90 percent
  • Fast-casual and simple menu strategies propel growth of Little Big Burger chain

Chanticleer Holdings, Inc. (NASDAQ: BURG) has announced that it will continue to expand its wholly-owned Little Big Burger subsidiary chain, having received permits for the construction of two new Oregon locations to raise its count from 12 to 14, while also expecting to add 8-12 more locations in 2018 (http://ibn.fm/YChE4).

The growth is part of a national rollout of the chain. BURG has received permits to begin construction on the two Oregon outlets, and it already has 11 units in Oregon and one in Charlotte, North Carolina. BURG is expecting to grow the chain into Portland, San Diego, Seattle and Austin.

BURG is a Charlotte, North Carolina-based holding company that owns, operates and franchises several restaurant chains, including Hooter’s, Just Fresh, American Burger Company, BGR — Burgers Grilled Right and Little Big Burger.

“Our recently announced new online ordering capability further complements the value proposition Little Big Burger offers its loyal customers,” Mike Pruitt, CEO of Chanticleer, stated in a news release. “Early indications of this proposition are no better evidenced than by noting our previously disclosed Q3 results indicating return of investment of approximately 60-90%.”

BURG notes that the chain is a counter service, fast-casual restaurant featuring cook-to-order hamburgers, root beer floats and truffle fries. As a result, the company said, Little Big Burger has developed a cult-like following in the Pacific Northwest.

As part of its expansion model for the chain, BURG further announced that it has received construction permits for its downtown unit in Seattle, Washington – its first in that market (http://ibn.fm/5QeqS). Earlier, it announced a lease signing by its franchisee, LBBIG LLC, for the company’s second Little Big Burger location in San Diego, California. An early spring 2018 opening is anticipated for the restaurant. Several other locations in San Diego are also being reviewed.

For more information, visit the company’s website at www.ChanticleerHoldings.com

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF): A Low Risk Solution to Overlooked Brine Resources

  • Standard Lithium works to reduce political, permitting and technology risks
  • Standard Lithium is expanding facilities into southern Arkansas
  • Innovative low-risk opportunities being sought to meet the increasing demand for lithium

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) actively seeks to reduce political, permitting and technology risks, all while positioning itself as a leader in the production of lithium. The company works to eliminate exploration and development risks by focusing on existing brine fields and partnering with U.S. chemical processing companies. By focusing on U.S.-based assets, Standard reduces political and geographical risks, working within jurisdictions that already understand how to permit and approve brine extraction and processing at large industrial scales. Whenever possible, Standard partners with companies holding existing permits and licenses in favorable jurisdictions. Technology risks are decreased by leveraging existing industrial processes and extraction technologies, partnering with world class chemical processing engineers and using leading scientific and engineering advisory teams.

A network of brine production wells in southern Arkansas provides access to the Smackover Formation. In a statement made by Standard Lithium’s Chief Executive Officer, Robert Mintak, there is talk of building a Pilot Plant “fed by a network of brine production wells in southern Arkansas that access underground brine from the Smackover Formation and transport it via an extensive system of pipelines and related infrastructure.”

In the last 80 years, the Smackover Formation has produced billions of barrels of brines. This opportunity will give the company access to tail brines for the testing of viable lithium extraction and aligns fully with Standard Lithium’s goal of creating efficient processing techniques to produce battery-grade lithium products from otherwise overlooked brine resources.

With the demand for lithium set to increase by more than 300 percent in the next eight years, the company is looking for innovative low-risk opportunities to meet the need. In the Mojave Desert of California, it is using the region’s record-high evaporation rates to its advantage. Standard has installed six new separate evaporation ponds at its Bristol Dry Lake property for extensive brine extraction and processing. The company’s project area in California covers over 45,000 acres, and its recent entry into an option agreement with TETRA Technologies Inc. will provide access to 33,000 acres of brine leases in southern Arkansas.

The world’s demand for lithium is on the uptick with the ever-increasing interest in electric vehicles, smartphones, laptops and other battery-operated technologies. Standard Lithium is positioning itself to be a leader in the industry. In 2017, its stock returned 348 percent to investors, and the company has a current market cap of around C$136 million.

For more information, visit the company’s website at www.StandardLithium.com

From Our Blog

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Featured in Noble Research Report, Earns ‘Outperform’ Rating and C$0.70 and US$0.50 Price Target

May 23, 2025

Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF), a junior mining company based in British Columbia, has recently been the focus of a comprehensive analysis by Noble Capital Markets Research (https://ibn.fm/3CDHY). The report gave the company an “Outperform” rating and a 12-month price target of C$0.70 and US$0.50 per share while highlighting Nicola Mining’s diversified asset base and […]

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