Oakland, CA – According to filings with the U.S. Securities and Exchange Commission, Lilac Solutions is raising $149,999,990.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, David Snydacker played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lilac Solutions
Lilac has developed and patented a new ion exchange technology to extract lithium from brines without the need for evaporation ponds. Our technology protects the environment while accelerating project development, increasing recovery, and yielding a high-purity product. Ion exchange has been successfully deployed in a wide variety of water treatment and metals processing applications, but has never been successfully applied to lithium, until now. Lilacs new ion exchange beads and modules unlock this powerful technology for the lithium industry.

To learn more about Lilac Solutions, visit http://www.lilacsolutions.com/

Contact:
David Snydacker, President and Chief Executive Officer
401-714-7906
https://www.linkedin.com/in/david-snydacker-3a87b627/

SOURCE: http://www.intelligence360.io
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