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Company Website:
https://libertystream.com
DALLAS -- (Business Wire)
LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce that it has issued 12% promissory notes (collectively, the “Notes”) to Pathfinder Asset Management Ltd. (“Pathfinder”) in the aggregate principal amount of C$15,000,000. The Notes are senior and secured against all of the Company’s present and after-acquired property.
The principal balance of the Notes will be payable on September 21, 2027 (the “Maturity Date”), provided that the Company shall have the right to redeem and repay the Notes at any time prior the Maturity Date, in whole or in part, without notice, bonus or penalty. The Notes bear simple interest at a rate of 12% per annum, with interest payable on the Maturity Date. The Company intends to use the proceeds from the Notes to fund capital expenditures related to its Freedom 1 facility with the remainder used for general working capital purposes or for such other purposes as the Company may determine to be appropriate in its sole discretion.
In connection with the issuance of the Notes, the Company expects to issue an aggregate of 3,061,224 shares of common stock (the “Bonus Shares”) to Pathfinder. The Bonus Shares represent a value equal to 20% of the aggregate principal amount of the Notes, calculated at a price of C$0.98 per Bonus Share which was the closing price of the Company's shares of common stock on September 18, 2026 prior to the announcement of the Notes. The Bonus Shares will be subject to a four month hold period commencing on the date of issuance of the Bonus Shares, in accordance with applicable Canadian securities laws, plus a U.S. restricted period of 12 months from the issuance date of the Bonus Shares under Regulation S of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) such that during such restricted period, (a) no sales may be made to U.S. Persons (as that term is defined under Regulation S) for one year from the issuance date of the Bonus Shares, and (b) for sales to non-U.S. Persons, the buyer must be bound to the same. The issuance of the Bonus Shares remains subject to the review and approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities of the Company in the United States. The Notes and Bonus Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or except where an exemption from such registration is available.
About LibertyStream Infrastructure Partners
LibertyStream is a lithium development and technology company aiming to be one of North America’s first commercial producers of lithium carbonates from oilfield brine. Our strategy is to generate value for shareholders by leveraging management’s hydrocarbon experience to deploy our proprietary DLE technology directly into existing oil and gas infrastructure, thereby reducing capital costs, lowering risks and supporting the world’s clean energy transition. With four differentiating pillars, and a proprietary DLE technology and process, LibertyStream’s innovative approach to development is focused on generating the highest lithium recoveries with lowest costs, positioning us for future commercialization. We are committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value. Investors and/or other interested parties may sign up for updates about the Company’s continued progress on its website: https://LibertyStream.com/.
Forward-Looking Information
This news release includes certain “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities laws (collectively referred to herein as “forward-looking information”). When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking information. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation, statements about the issuance of Bonus Shares in connection with the Notes; the use of proceeds from the issuance of the Notes; and the Company’s strategy. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies and may prove to be incorrect.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: the expected approval of the Bonus Shares by the TSX Venture Exchange and the Company’s ability to access sufficient capital from internal and external sources and/or inability to access sufficient capital on favourable terms for the continued execution of its strategy. The intended use of the proceeds from the Notes by the Company might change if the board of directors of the Company determines that it would be in the best interests of the Company. Many of these risks and uncertainties and additional risk factors generally applicable to the Company are described in the Company’s annual information form for the year ended December 31, 2025 and the Company’s most recent management’s discussion and analysis, which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260921449635/en/
Contacts:
For Investor Relations inquiries or further information, please contact:
Alex Wylie, President & CEO
T: +1.972.626.1645
E: info@libertystream.com
Or
Bill McClain, Investor Relations
T: +1.604.773.9423
E: info@libertystream.com
Source: LibertyStream Infrastructure Partners Inc.
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