10:03 AM EST, 11/14/2025 (MT Newswires) -- LibertyStream Infrastructure Partners ( VLTLF ) on Friday said it entered into a Memorandum of Understanding (MOU) with Packet Digital, in partnership with Wellspring Hydro, to support its growing demand for battery-grade Lithium Carbonate.
The company said that the agreement outlines a collaborative framework for technical data sharing and coordinated planning around future deliveries of battery-grade Lithium Carbonate.
"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 Packet Digital Chief Executive Terri Zimmerman. "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 has also secured about $2.7 million in proceeds through a combination of non-dilutive grant funding and option and warrant exercises, including participation from a board member and its largest institutional shareholder, which it plans to use to support strategic initiatives in Texas and North Dakota, including lithium carbonate refining and near-term operational mobilization.
Shares of the company were last seen up 2% at $0.51 on the TSX Venture Exchange.
Price: 0.51, Change: +0.01, Percent Change: +2.00