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Tuesday, June 21, 2022 8:56:19 AM
• Approximately 96% percent of Additional Bonus Options converted providing
approximately A$62 million cash
Clean lithium developer Lake Resources NL (ASX: LKE; OTC: LLKKF) is pleased to advise that approximately 96
percent off the Additional Bonus Options issued in November 2021 have been exercised and converted into
new LKE shares. The option conversions have provided approximately A$62 million to the cash position of the
Company.
Lake’s Chairman Mr Stuart Crow said “I would like to thank shareholders for their continued support for the
Company. The completion of the option conversion leaves the Company in its strongest ever financial position
with in excess of $150 million cash at bank. Lake is now well financed as it advances the Kachi project toward
FID and as exploration activity across all other projects is being aggressively accelerated”
An Appendix 2A follows
https://lakeresources.com.au/wp-content/uploads/2022/06/lke_secondary-trading_21-jun-22.pdf
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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