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by Will Purcell

The critical and specialty minerals stocks box score on Monday was a weak 78-117-115 as the TSX Venture Exchange fell nine points to 944. Alex Wylie's Libertystream Infrastructure Partners Inc. (LIB), known as Volt Lithium Corp. until a June rebranding, rose one cent to 87 cents on 2.3 million shares. The company has sold 13.71 million shares at 65 cents, raising $8.91-million of the $10-million it is seeking. This is just a first tranche, says Mr. Wylie, president and chief executive officer, adding that he expects to sell the remaining 1.68 million shares in a second tranche within a day or two.

The cash, Libertystream says, is needed to advance its oil field lithium brine project in Texas. Specifically, the company plans to further develop its direct lithium extraction technology to improve operating efficiencies, and to increase lithium carbonate production at its operation in western Texas. Libertystream, says Mr. Wylie, is looking to continue moving toward commercial lithium production and to provide lithium carbonate and other products to potential customers and offtakers.

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