LibertyStream Enters into U.S.-Origin Lithium Carbonate Sales Contract for up to 17,500 Metric Tonnes; Provides Operations Update

Company Website: https://libertystream.com
DALLAS -- (Business Wire)

LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) announced that it has entered into a lithium carbonate sales contract (the “Sales Contract”) with a leading international battery material maker that supplies cathodes to the U.S. market (the “Customer”). The Sales Contract provides for the Company to supply 500 metric tonnes of U.S.-origin lithium carbonate in 2027 and sets out binding terms for the supply of an additional 17,000 metric tonnes of U.S.-origin lithium carbonate through December 31, 2031, with detailed terms for 2028 through 2031 to be finalized under a separate long-term supply agreement (the “LTSA”).

Volumes for 2028 through 2031 are subject to execution of the LTSA. Pricing and other commercial terms are not being disclosed. Meeting the scheduled delivery volumes will require the Company to develop, finance and commission additional U.S. production capacity.

The Sales Contract is the definitive agreement contemplated by a memorandum of understanding between the Company and the Customer dated September 3, 2026. It follows the Company’s field operations, direct lithium extraction and refining testing, lithium carbonate production at its Freedom Launchpad facility, customer qualification programs, third-party testing and initial purchase orders.

The Sales Contract is in addition to the Company’s previously announced 600-tonne-per-year industrial offtake agreement.

Operations Update

LibertyStream continues to advance commercialization activities in support of future lithium carbonate production. LibertyStream has delivered lithium carbonate samples to multiple battery and industrial-grade prospective customers as part of ongoing product qualification and testing programs.

LibertyStream currently produces lithium carbonate from U.S. oilfield brine at its Freedom Launchpad facility in Texas. Freedom 1, located in Howard County, Texas, is the Company’s planned initial commercial facility under its previously announced agreement with Select Water Solutions. Freedom 1 is designed to integrate LibertyStream’s direct lithium extraction and refining technologies with existing oilfield water infrastructure to produce battery-grade lithium carbonate from U.S. oilfield brine.

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 carbonate 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. 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 contains certain “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian and United States securities laws, collectively referred to herein as “forward-looking information.” Forward-looking information includes statements other than statements of historical fact and may be identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “target,” “plan,” “forecast,” “may,” “will,” “would,” “could,” “schedule” and similar words or expressions.

Forward-looking information in this news release includes, without limitation, statements regarding: the scheduled timing and volume of deliveries under the Sales Contract; the negotiation, terms and execution of the LTSA and the supply of lithium carbonate from 2028 through 2031; the Company’s ability to demonstrate readiness to commence supply in 2028; the development, financing, construction and commissioning of Freedom 1 and additional U.S. production capacity; the outcome of customer qualification and testing programs; and the Company’s commercialization activities.

Forward-looking information is based on assumptions considered reasonable by management as of the date of this news release, including assumptions regarding: that the Company will be able to produce or procure lithium carbonate meeting the agreed specifications in the volumes and on the schedule required under the Sales Contract; that the parties will execute the LTSA on terms consistent with the Sales Contract; that the Company will obtain financing to develop production capacity sufficient to meet its delivery obligations; that Freedom 1 will be constructed and commissioned on schedule and produce lithium carbonate consistent with Freedom Launchpad product; and that customers will complete qualification processes.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: that the Company is unable to produce or procure lithium carbonate meeting the agreed specifications in the volumes or on the schedule required under the Sales Contract; that the LTSA is not executed by June 30, 2027 or at all, or that either party terminates the 2028–2031 supply terms; that the Customer determines that the Company has not demonstrated readiness to commence supply in 2028; that the Company incurs liability for shortfalls or quality claims under the Sales Contract; volatility in lithium prices; that the Company is unable to finance or construct production capacity sufficient to meet its delivery obligations; delays in Freedom 1 construction or commissioning; that Freedom 1 product differs from Freedom Launchpad product; and that customers do not qualify the Company’s product.

Additional risks and uncertainties are described in the Company’s most recent public disclosure documents filed under its issuer profile on SEDAR+. Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update forward-looking information to reflect future results, events or developments, except as required by applicable 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/20261105875676/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.