Quarterly Activities/Appendix 5B Cash Flow Report

Lithium Universe Limited (“Lithium Universe”, the “Company” or ASX: “LU7”) is pleased to present its Quarterly Activities and Cash Flow Report.

HIGHLIGHTS

Appointment of Hatch for Lithium Carbonate Plant Engineering Study

Hatch Ltd appointed Lithium Carbonate Engineering Study Manager
Study focus is 16,000 tpa battery grade lithium carbonate plant
Multi disciplinary engineering group with extensive lithium experience
Hatch designed and built the 17,000 tpa Jiangsu Lithium Carbonate Plant for Galaxy
Under the leadership of Dr Jingyuan Liu and John Loxton
Part of the Quebec Lithium Processing Hub (QLPH) Strategy

Hatch Completion of Location Study for Lithium Carbonate Refinery

Completed a location study for the optimal Lithium Carbonate Refinery site
16,000 tonne per annum battery-grade lithium carbonate refinery
Bécancour Industrial Park most favoured between Québec City and Montreal
Commenced discussions with the industrial park

LU7 Bolsters North American Operational Experience

Appointment of Ms Victoria Vargas, as Director to its subsidiary, Lithium Universe (Holdings) Ltd (Canada)
25 years of experience within North American capital markets
Extensive experience across the mining and minerals industry

LU7 Expands Presence with New Office in Montreal

Strategically expanding presence in Québec
Centrally Located near engineering partners HATCH and Primero Group

Outstanding Progress on QLPH Concentrator Engineering Study

Primero's outstanding progress in QLPH concentrator engineering study
Impressive pace and quality surpasses industry norms
Based on Mt Cattlin design and supervised by Lithium Dream Team
Key deliverables: Block Flow and Process Flow Diagrams, Mass Balance, Process Design Criteria

Lithium Universe Meeting with Quebec Government to Share Strategy

LU7 meets with Québec Government
Minister of Economics, Innovation and Energy, Pierre Fitzgibbon
Hubert Bolduc, President, Investissement Québec International

Excellent Progress of Lithium Carbonate Refinery Engineering Study

Hatch's outstanding progress in QLPH Li Carb Refinery engineering study
Finalisation of design flow sheet and draft site layout
Completion of Block Flow Diagram (BFD) and Process Flow Diagrams (PFD) and Mass Balance along with Process Design Criteria (PDC)

Apollo Lithium Project Summer/Fall Exploration Completed

Completion of summer/fall exploration campaign
Final soil laboratory analysis received
Drilling strategy for 2024 along a major east-west trending fault shear corridor feature
Feature extends from Apollo project to Winsome Resources Limited's Adina Lithium project to the east
Priority drill targets generated for 2024 drilling campaign

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This article includes content from Lithium Universe Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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Quarterly Activities/Appendix 5B Cash Flow Report

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