re: Diving deeper on Standard Lithium?

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Regional Specific Direct Lithium Extraction (“DLE”) Technologies HeliosX is in contact with multiple DLE providers to optimize the right design to the applicable field. Management is of the opinion that globally most countries are going to reduce the use of evaporation ponds, for increasing lithium concentrations, and migrate to an environmental requirement to utilize DLE systems. In Argentina, HeliosX is in partnership with a subsidiary of PlusPetrol Resources Corporation B.V., Litica Resources S.A. (“Litica”), and is currently working with Koch Separation Solutions (“Koch”) along side Craig Brown of Chemionex Inc. who is the scientific advisor to Standard Lithium Ltd. (“Standard”). Mr. Brown is a professional engineer and a hydrometallurgical expert with over 45 years’ of experience in developing processes for separating a wide range of chemical from aqueous solutions. Mr. Brown was a key developer of the LiSTR lithium extraction process currently in use by Standard on its Arkansas Smackover lithium project. He is currently working with HeliosX on the next generation LIONEX lithium extraction process. Pending successfully prefeasibility results, HeliosX intends to mobilize a pilot facility to utilize the LIONEX process in Argentina on its Guayatoyoc concessions in 2023.

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