ASX:LKE

Refresh Supplementary Prospectus

This refresh supplementary prospectus is dated 1 September 2021 and was lodged with the Australian Securities and Investments Commission (ASIC) on that date (Refresh Supplementary Prospectus). This Refresh Supplementary Prospectus supplements the prospectus dated 17 August 2021 (Prospectus), which was issued by Lake Resources NL ACN 079 471 980 (Company).


This Refresh Supplementary Prospectus is a "refresh document" as defined in section 724(3H) of the Corporations Act 2001 (Cth) (Act), as inserted by the ASIC Corporations (Minimum Subscription and Quotation Conditions) Instrument 2016/70 (Instrument) and has been lodged with the Australian Securities and Investments Commission (ASIC) in accordance with section 724(3G) of the Act as inserted by the Instrument.

ASIC, ASX Limited (ASX), and their officers take no responsibility as to the contents of this Refresh Supplementary Prospectus. This Refresh Supplementary Prospectus shall be read in its entirety together with the contents of the Prospectus. If you are in any doubt as to the contents of this document, you should consult your professional advisers without delay.

Other than as set out below, all details in relation to the Prospectus remain unchanged. Terms used in this Refresh Supplementary Prospectus shall have the same meaning ascribed to them in the Prospectus. To the extent of any inconsistency between this Refresh Supplementary Prospectus and the Prospectus, the provisions of this Refresh Supplementary Prospectus will prevail.

The Company has issued an electronic version of this Refresh Supplementary Prospectus and the Prospectus. Electronic versions of each may be accessed at www.lakeresources.com.au.


Click here for the full Refresh Supplementary Prospectus

LKE:AU
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Lake Resources (ASX:LKE) managing director Steve Promnitz was recently featured in an article on MiningNews.net providing an update regarding the company’s Kachi project. The article touches on a webinar held by Lake Resources managing director Steve Promnitz, who believes the company is on schedule to advance its Kachi lithium project. “Essentially our view is that Lake will produce the right product at the right time,” said Promnitz during the call.

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Lake Resources N.L. (ASX:LKE) has received an important vote of confidence in its Argentina lithium projects, with commitments increased to $2.7 million (before costs) through the placement of approximately 30 million ordinary shares at $0.09 per share in a private placement to offshore and local sophisticated and professional investors. Every two new shares have one attaching option exercisable at $0.10 cents per share, expiring in July 2021.

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According to Promnitz, the recent drill results returned 480 milligrams per liter lithium, which holds three implications for the company. Promnitz stated that the company could get better numbers or target deeper horizons, but is content with being able to demonstrate that it has similar brines to its neighbors.

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