LibertyStream partners with Packet Digital to deliver U.S.-made lithium carbonate for military battery systems
DALLAS–LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) with Packet Digital, LLC (“Packet Digital”) based out of Fargo, North Dakota. The parties propose to collaborate and share technical data for Packet’s present and future lithium carbonate (“Lithium Carbonate” or “Li2CO3”) requirements for its USA based manufacturing for industrial and military customers.
We’re establishing a vertically integrated battery ecosystem in North Dakota, where Packet Digital manufactures smart batteries and sources critical minerals—such as lithium carbonate—through local production channels
“We’re establishing a vertically integrated battery ecosystem in North Dakota, where Packet Digital manufactures smart batteries and sources critical minerals—such as lithium carbonate—through local production channels,” said Terri Zimmerman, CEO of Packet Digital. “Our partnership with LibertyStream aligns with this vision and we are pleased to support their field refining operations as they commence production in late 2025.”
“LibertyStream is honored to partner with the Packet Digital team to strengthen the secure, domestic supply of critical minerals essential for next-generation battery and power systems,” said Alex Wylie, President & CEO of LibertyStream.“As we scale our refining capabilities in Texas and mobilize near-term operations in North Dakota, our focus remains on delivering battery-grade lithium carbonate tailored to Packet’s U.S.-based cell manufacturing needs. This partnership reflects our shared commitment to building a resilient domestic supply chain and producing premium lithium products for American customers through integrated operations across both states.”
Key Terms of The Memorandum of Understanding
LibertyStream, in partnership with Wellspring Hydro, has entered into a MOU with Packet Digital to support the company’s growing demand for battery-grade Lithium Carbonate. The agreement outlines a collaborative framework for technical data sharing and coordinated planning around future deliveries of battery-grade Lithium Carbonate.
The initiative is structured to enhance Packet Digital’s internal synthesis of critical battery materials, enabling tighter control over locally sourced production inputs. By integrating LibertyStream’s direct lithium extraction capabilities with Packet Digital’s cell manufacturing operations, the collaboration streamlines supply logistics, improves process efficiency, and establishes a scalable framework for long-term growth across both organizations.
Approximately $2.7 Million from Recent Grant Funding and Warrant/Option Exercises
In recent weeks, LibertyStream has fortified its financial position through the exercise of outstanding share purchase warrants and stock options, including by members of the Board of Directors and the Company’s largest institutional shareholder, together with the receipt of previously announced non-dilutive grant funding. In total, these activities have resulted in aggregate gross proceeds of approximately $2,736,081 (combined Canadian and U.S. dollars). These funds will directly support the Company’s strategic initiatives in Texas and North Dakota, with a primary focus on advancing its transition to commercial-scale lithium carbonate production through commissioning and operations at its Refining Unit in Texas.
About Packet Digital
Packet Digital is a Fargo, ND, based engineering company focusing on battery and power system development for autonomous systems, with an emphasis on Unmanned Aerial Systems. With decades of experience in battery design, battery management systems, and embedded programming, Packet Digital can solve the toughest challenges.
About Wellspring Hydro
Wellspring, a North Dakota-based company, is dedicated to transforming the Bakken oilfield brine into valuable resources. Our mission is to harness the full potential of oilfield brines, driving innovation and sustainability in resource management.
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 Statements
This news release includes certain “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “will”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation, management’s expectations relating to the site preparation and commissioning of the Refining Unit and expectations of production of lithium carbonate therefrom, the anticipated steps and timing related to launching full-scale operations in 2026, benefits to the Company’s proprietary DLE technology including the anticipated reduction of capital costs associated with lithium carbonate extraction from oilfield brine by the use of existing oil and gas infrastructure and the support of clean energy transition efforts caused by the deploy of the Company’s proprietary DLE Technology. 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. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein including the risk that management’s production estimates relating to the Refining Unit turn out to be incorrect and that the timing of launching full-scale operations may be delayed or not occur at all, and generally, those known risk factors outlined in the Company’s Management’s Discussion and Analysis for the period ended December 31, 2024 and Management’s Discussion and Analysis for the three and six months ended June 30, 2025. 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.
