Lake Resources NL

Lake Resources NL is pleased to announce that it has utilised its At-the-Market Subscription Agreement with Acuity Capital to raise $39,000,000 by agreeing to issue 40,000,000 LKE fully paid ordinary shares to Acuity Capital at an issue price of $0.975 per share. The 40,000,000 Lake shares will be issued out of the Company's LR7.1 capacity. The issue price of $0.975 represents a premium of 2.1% to the 15-trading day VWAP [...]

Clean lithium developer Lake Resources NL confirms the modular demonstration plant designed and built by the engineering team at Lilac Solutions Inc, has been dispatched from California USA to the Kachi Project in Argentina. Lilac Solutions, Lake's technical partner, has assembled the ion exchange modules and supporting equipment for the demonstration plant within five 40 ft shipping containers. The modular design allows [...]

Clean lithium developer Lake Resources NL advises that further to its announcements of 24 and 28 February 2022, Lake's application to the Federal Court to rectify an administrative oversight relating to the delayed lodgment of cleansing notices when issuing shares on 17 September, 14 October, 18 October and 21 October 2021 was heard yesterday and the Court has granted the relief sought. On 22 February 2022, Lake announced [...]

Clean lithium developer Lake Resources NL is bringing forward a US$15 million program across its three 100-percent owned projects - Olaroz, Cauchari and Paso - for drilling and brine testing to fasttrack these projects into feasibility studies in the TARGET 100 Program. Lake has initiated an expansion and integration strategy to fast-track its portfolio of assets in Argentina to deliver the TARGET 100 Program - being the [...]

Lake Resources NL is providing a clean solution to the delivery of high quality lithium into the tight supply chain of battery materials powering the energy transition. Lake uses disruptive, direct extraction technology from its partner, Lilac Solutions Inc in California , for efficient production of high purity lithium with significant ESG benefits. No mining is involved in the brine processing. Production from the [...]

Ladies and Gentlemen, my name is Stuart Crow, I am a fellow shareholder and Non-Executive Chairman of Lake Resources NL . I'm excited to report to you on the recent activity of your company, it's been a great year for Lake Resources! The year has been one of significant achievement and growth for Lake as the transition to electrification of transport gathers pace globally, but not without the challenges arising from [...]

Clean lithium developer Lake Resources NL confirms that the production base case will be increased to 50,000 tonnes per annum lithium carbonate equivalent in the Definitive Feasibility Study and the final investment decision for the Kachi Lithium Project. The DFS will be expanded from 25,500 tpa LCE to 50,000 tpa LCE, underpinned by an anticipated increased resource estimate from drilling results . The formal decision has [...]

Lake Resources NL is well on the path to production of the world's highest purity lithium with significant ESG benefits from its flagship Kachi Project utilising new direct extraction technology, after a transformative year for the company. Lake's aim is to produce: - World's highest purity lithium; - Using technology-led direct lithium extraction; with - Major ESG benefits; to become a - New independent clean producer [...]

Clean lithium developer Lake Resources NL is aiming to expand its lithium projects and potential resources with new drilling at Lake's 100 percent owned lithium brine projects at Olaroz, Cauchari and Paso starting late January 2022 with a 10 hole 4000m drill program. These projects are located in Jujuy province, north-west Argentina, close to the Allkem Olaroz operation and Lithium Americas - Ganfeng Cauchari project. The [...]

Clean lithium developer Lake Resources NL confirms that drilling to date at its flagship Kachi Lithium Project continues to reinforce prior lithium assay results and indicates lithium brines extend well beyond the limits of the current resource. Continued similar results would support a doubling of future planned production targeting 50,000tpa LCE . The drilling footprint will be expanded next year, with additional rotary [...]