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
Andrew Bursill
Company Secretary
Lake Resources NL
T: +61-2-9188-7864
E: lakeresources@lakeresources.com.au