Sydney, Australia – Clean lithium developer Lake Resources NL ACN 079 471 980, wishes to advise that it has today dispatched a Notice to Ineligible Shareholders of the previously announced Bonus Option Issue, which is detailed below. – Lake has appointed a nominee to receive options that would otherwise have been issued to offshore “Ineligible Shareholders” to facilitate their participation in the Bonus Option …
Sydney, Australia (ABN Newswire) – Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF), ACN 079 471 980, wishes to advise that it has today dispatched a Notice to Ineligible Shareholders of the previously announced Bonus Option Issue, which is detailed below.
– Lake has appointed a nominee to receive options that would otherwise have been issued to offshore “Ineligible Shareholders” to facilitate their participation in the Bonus Option issue.
– Bonus Options will have an exercise price $0.35 each, expiring on 15 October 2021 and, if exercised, will result in the issue of a second option (Additional Options) and each Additional Option will have an exercise price $0.75 each, expiring on 15 June 2022
Lake is pleased to welcome the support from Lodge Partners Pty Ltd (Nominee or Lodge), which has agreed to act as Nominee for the holding and exercise of Bonus Options for offshore or foreign shareholders (“Ineligible Shareholders”), outside of the following Eligible Jurisdictions identified in the Bonus Option Issue Prospectus, namely...
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