Lithium Technology Corporation (LTHUQ)

[hagimallis]

We would like to inform herewith that on 10.10. 2017 pursuant to the delegation given under Art. 19 of the Company’s Articles of Association, the Board of Directors of  Monbat AD adopt?d a decision for the issuance of first order corporate convertible bond issue under the conditions of initial public offering.
The Board of Directors elected ELANA TRADING AD, UIC: 831470130 to be the investment intermediary through which the initial public offering of the bond issue to be implemented.
Please find enclosed the resolution of the Board of Directors



Could this be for factory expansion for our old factories?