Short Form Prospectus
Brisbane, June 15, 2018 AEST (ABN Newswire) - Lake Resources N.L. (
ASX:LKE) ("Lake" or "LKE") has lodged the attached Short Form Prospectus with ASIC today whereby the Company intends to issue 16,666,667 Options to Placement Applicants who participated in the Placement by the Company in March 2018 and 16,650,000 Options to Noteholders who applied for Options under the Note Issue (Offer).
This Offer is conditional upon the Company obtaining Shareholder approval at a shareholder meeting scheduled for Friday 15 June 2018 for which a notice of meeting was dispatched on 14 May 2018.
Offer Statistics ------------------------------------------------------------------Issue Price Nil Exercise Price $0.20 Maximum number of Options to be issued 16,666,667 to Placement Applicants 16,650,000 to Noteholders Expiry Date of the Options 15 December 2018 ------------------------------------------------------------------Indicative Timetable ------------------------------------------------------------------Lodgement of Prospectus with ASIC 14 June 2018Lodgement of Prospectus and Appendix 3B with ASX 14 June 2018 Opening Date 14 June 2018 EGM 15 June 2018 Closing Date 18 June 2018 Issue Date and dispatch of holding statements 18 June 2018 Expected date of Official Quotation of the Options 19 June 2018------------------------------------------------------------------
All dates may change without prior notice and accordingly are indicative only. The Company reserves the right to amend this indicative timetable subject to the Corporations Act and the ASX Listing Rules.
To view the Prospectus, please visit:
http://abnnewswire.net/lnk/SC1I909H
About Lake Resources NL
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.
This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.
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