Lake Resources NL (ASX:LKE) Short Form Prospectus

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 
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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 
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Indicative Timetable 
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Lodgement of Prospectus with ASIC         14 June 2018
Lodgement 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
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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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