Orocobre Limited Stock Market Press Releases and Company Profile
Cleansing Notice
Cleansing Notice

Brisbane, Feb 1, 2016 AEST (ABN Newswire) - Orocobre Limited (googlechartASX:ORE) (googlechartTSE:ORL) (googlechartOROCF:OTCMKTS) ("Orocobre" or "the Company") issued 25,350,551 ordinary shares in the Company to institutional and sophisticated investors on 1 February 2015, as outlined in the Company's announcement of 22 January 2016.

As required by section 708A(6) of the Corporations Act 2001 (Cth) (Corporations Act), the Company notifies ASX that:

a) the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

b) this notice is being given under section 708A(5)(e) of the Corporations Act;

c) as at the date of this notice, the Company has complied with:

i) the provisions of chapter 2M of the Corporations Act as they apply to the Company; and

ii) section 674 of the Corporations Act; and

d) as at the date of this notice, there is no information that is 'excluded information' (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act).

Signed for and on behalf of Orocobre Limited by:
Rick Anthon
Joint Company Secretary

To view the cleansing notice, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-904095.pdf


About Orocobre Limited

Orocobre Limited (ASX:ORE)Orocobre Limited  is listed on the Australian Securities Exchange and Toronto Stock Exchange  (ASX:ORE) (TSE:ORL) (OTCMKTS:OROCF), and is building a substantial Argentine based industrial chemicals company through its portfolio of lithium, potash and boron assets. In partnership with Toyota Tsusho Corporation (TTC) and JEMSE, Orocobre has built and is now operating the world's first commercial, brine-based lithium operation constructed in approximately 20 years.

In 2018 Orocobre announced the Stage 2 Expansion of its flagship Olaroz Lithium Facility in Argentina. The Stage 2 Expansion will add 25,000 tpa of lithium carbonate production capacity, taking full production and capacity to 42,500 tpa of lithium carbonate for sale to industrial, technical and battery markets, positioning Orocobre as one of the world's largest and lowest cost lithium chemicals producers.

Additionally, Orocobre and Toyota Tsusho Corporation have commenced construction of the 10,000 tpa lithium hydroxide plant in Naraha, Japan. The construction of the Naraha Lithium Hydroxide Plant will further cement Orocobre's position as a global lithium chemicals producer operating at the bottom quartile of the lithium cost curve. This new hydroxide plant will be the first of its kind in Japan and will provide Orocobre product diversification suitable for different battery technologies and the potential for significant margin growth on our primary lithium carbonate being converted to battery grade lithium hydroxide.

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Contact

Richard Seville
Managing Director
T: +61-7-3871-3985
M: +61-419-916-338
E: rseville@orocobre.com

James Calaway
Chairman
M: +1-713-818-1457
E: jcalaway@orocobre.com

David Hall
Business Development Manager
T: +61 7 3871 3985
M: +61 407 845 052
E: dhall@orocobre.com



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