Mentioned:
LibertyStream Infrastructure Partners has a new ambition: being listed on a major stock exchange in the United States.
What’s happening:
- LibertyStream Infrastructure Partners (TSXV: LIB) has confidentially filed a Form S-1 with the United States Securities and Exchange Commission to raise an IPO financing round
Why it matters:
- LibertyStream Infrastructure Partners is aiming to be one of the first large scale commercial producers of lithium carbonate from oilfield brine
Going deeper:
- LibertyStream Infrastructure Partners just recently made waves when they successfully delivered their first tonne of lithium carbonate to a customer in the United States
- Select Water Solutions (NYSE: WTTR) and LibertyStream Infrastructure Partners have an existing partnership in which Select Water Solutions provides them with produced water, treatment and pipeline network in exchange for a royalty on the lithium carbonate that is produced by LibertyStream Infrastructure Partners
The fine print:
- The exact valuation and financing terms of LibertyStream Infrastructure Partners planned IPO have not yet been publicly disclosed
