Lithium explorer and developer Lake Resources NL has announced that the impact is limited on the operations of Lake's subsidiaries due to the new restrictions on travel and movements set out recently by the government in Argentina. On 20 Mar 2020, due to a potential health crisis created by COVID-19, the Argentine government released social isolation guidelines , which includes the restriction of movement of people and [...]
Lithium explorer and developer Lake Resources NL is pleased to provide investors with an opportunity to participate in an investor briefing via Webinar. The Webinar will focus on a number of key recent developments, headlined by how the testing of lithium brine samples from Lake's Kachi Lithium Brine Project has been progressing, using its U.S. technology partner Lilac's direct extraction ion exchange pilot plant module [...]
Lithium explorer and developer Lake Resources NL announced today that testing has been progressing of lithium brine samples from Lake's Kachi Lithium Brine Project using its U.S. technology partner Lilac's direct extraction ion exchange pilot plant module in Oakland, California. Kachi brine samples have been used to complete the commissioning of Lilac's pilot-scale ion exchange module. Lilac will then process the brine to [...]
Lake Resources NL holds three lithium brine projects in Argentina including one project, Kachi, moving into pre-production with the construction of a direct extraction pilot plant. Lake holds one of the largest lease holdings of lithium in the heart of the Lithium Triangle in South America. During the half-year ended 31 December 2019, Lake advanced its 100% owned Kachi Lithium Brine Project in Argentina. In partnership [...]
Lithium explorer and developer Lake Resources NL has issued 7,000,000 shares at an issue price of $0.04, being the final tranche of shares to be issued by the Company under its private placement to sophisticated and professional investors . This brings the total amount raised under the Placement to $3,677,474 . As a result of the shortfall of $306,306 under the Placement, the Company's proposed use of funds in respect of [...]
Share Purchase Plan Upsized Lithium explorer and developer Lake Resources NL announced today it has upsized the Share Purchase Plan Offer by $1.0 million to raise a total of $2.5 million before costs, due to overwhelming shareholder demand. The SPP closes today Friday 28 February and subscriptions and funds must be received today as part of the Offer for Eligible Shareholders to subscribe for up to $30,000 worth of new [...]
Lithium explorer and developer Lake Resources NL announced today a further boost for its growth plans, following strong investor support that will facilitate the development of sustainable and scalable direct extraction technology at its flagship Kachi Lithium Brine Project. The technology developed by Lake's partner, Lilac Solutions has received backing from a fund led by Bill Gates and other global business heavyweights [...]
In a sign of renewed investor confidence, lithium explorer and developer Lake Resources NL announced today it has extended and upsized its private placement, with commitments received to raise a further $1.9 million before costs, which will result in the issue of approximately 47.5 million shares, at an offer price of $0.04 per share, to sophisticated and professional investors. Settlement is anticipated to be Wednesday [...]
Lithium explorer and developer Lake Resources NL is pleased to announce that Lake's technology provider of a direct extraction ion exchange process, Lilac Solutions, has raised US$20 million in Series A funding. Led by Breakthrough Energy Ventures, a $1 billion fund established by many of the world's top business leaders to support companies with the potential to significantly reduce greenhouse gas emissions, the round [...]
Lithium explorer and developer Lake Resources NL announced on 14 February 2020 that the Company had issued 36,521,850 shares at an issue price of $0.04 per share to raise approximately A$1.47 million before costs, in a private placement to sophisticated and professional investors. The Company had indicated that it had intended to issue the balance of the Placement shares which would have raised a further amount of [...]
Lithium explorer and developer Lake Resources NL provides this update on ongoing test work and commissioning of the Lilac Solutions ion exchange pilot plant module. As shareholders are aware, ~20,000 litres of brine samples are being transported from Kachi and are currently on the west coast and expected to arrive in 10 days to the docks in Oakland, California. These brine samples will be initially used to complete the [...]
Lithium explorer and developer Lake Resources NL has issued 36,521,850 shares at an issue price of $0.04 per share to raise approximately A$1.47 million before costs, in a private placement to sophisticated and professional investors using its existing placement capacity under ASX Listing Rules 7.1 and 7.1A. The Company anticipates a further tranche of 12,500,000 Shares under the Placement will be issued early next week [...]
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