Lake Resources NL

Clean lithium developer Lake Resources NL has appointed SD Capital Advisory Limited and GKB Ventures Limited as joint financial advisors to structure and arrange project finance, with a focus on Export Credit Agencies , for the development of the Company's flagship Kachi Lithium Brine Project in Argentina. This appointment represents a significant development milestone for the Company and the Kachi Project. SD Capital [...]

Clean lithium developer Lake Resources NL confirms positive results from initial testing by Novonix for the production of NMC622-based lithium-ion battery test cells using samples of Lake's high 99.97% purity lithium carbonate. Novonix Limited received commercial samples of NMC622-hydroxide precursor from Tier 1 producers, together with samples of Lake's high 99.97% purity lithium carbonate, to conduct a real-world direct [...]

Clean lithium developer Lake Resources NL advises investors that Steve Promnitz, Managing Director, presented at the OTC's Virtual Conference on VirtualInvestorConferences.com on Thursday February 18 at 1.30pm EST , 6.30pm GMT . Lake Resources provided an update on its clean solution to the growth in electric mobility and the demand for more batteries. Lake's clean tech solution, with its tech partner Lilac Solutions [...]

Lake Resources' 100%-owned Kachi Lithium Brine Project in Catamarca province, NW Argentina, covers 39 granted mining leases , centred around a previously undrilled salt lake within a large lithium brine-bearing basin. Kachi is one of the few salt lakes in Argentina with substantial proven lithium brines controlled by a single owner. The project is located at about 3000 metres altitude, south of Livent's Hombre Muerto [...]

Clean lithium developer Lake Resources NL announced today it has received commitments for A$20.6 million to issue approximately 125 million new ordinary shares at an offer price of $0.165 per share to institutional investors. Every two new offer shares will have one attached option with an exercise price of A$0.30 with a two year expiry, subject to shareholder approval . Settlement is anticipated to be Wednesday, 27 [...]

Clean lithium developer Lake Resources NL announced today it has secured DTC approval to allow real-time electronic clearing and settlement in the United States for its OTCQB-listed common shares through the Depository Trust & Clearing Corporation . The move will simplify trading and enhance liquidity for investors in North America and globally, amid a continued upturn in the lithium sector on the back of the accelerating [...]

Clean lithium developer Lake Resources NL announced today that shallow drill testing is underway on-site, as part of development activities required for the Definitive Feasibility Study at the Company's flagship Kachi Lithium Brine Project, Argentina. Kachi DFS Activities Geophysical studies have assisted the planning of the shallow wells . These will be followed by further geotechnical studies, in addition to recent [...]

Clean lithium developer Lake Resources NL announced today the formal commencement of the Definitive Feasibility Study for the Kachi Lithium Brine Project, with the appointment of Hatch as the lead consultant. This builds upon the compelling and robust Pre-Feasibility Study announced on 30 April 2020, into the technical and economic viability of Lake's Kachi Lithium Brine Project in Catamarca, Argentina, based on Lilac's [...]

Clean lithium developer Lake Resources NL has agreed to extend the existing Controlled Placement Agreement with Acuity Capital and the expiry date of the CPA will extend to 31 January 2023 and the CPA will increase by an additional $5.5 million to allow greater flexibility. As previously announced, the CPA provided Lake with up to $4.5million of standby equity capital with an expiry date in the coming weeks. The Company [...]

Good morning Ladies and Gentlemen, my name is Stuart Crow, I am a fellow shareholder and Non Executive Chairman of Lake Resources and it gives me great pleasure to report to you on the progress made in the past year by your company. The world is changing and changing rapidly and for good reason, we are in the midst of a climate crisis and the world is moving rapidly toward a renewable energy future. The storage of [...]