Ann: Pilot Plant Processing Brines, page-32

Melv97. Refer announcement 9 October 2019.
9 October 2019
FINANCIAL ADVISOR APPOINTED TO SECURE DEBT FUNDING
• SD Capital Advisory Limited appointed to secure debt funding of up to US$25 million for initial lithium production from its Kachi Lithium Brine Project and Cauchari Lithium Brine Project in Argentina, together with completion of the DFS.
• Company targeting early 2020 pre-production of initial lithium products, based on partner Lilac Solutions’ direct extraction ion exchange process.

Lithium explorer and developer Lake Resources NL (ASX:LKE) announced today the appointment of financial advisors, SD Capital Advisory Limited, to secure debt funding of up to US$25 million for pre-production,definitive feasibility studies (DFS) and initial production of lithium products from the first stage of a commercial plant from its 100%-owned Kachi Lithium Brine and Cauchari Lithium Brine Projects in Argentina.
London headquartered SD Capital Advisory Limited is an independent financial advisory firm which focuses specifically on emerging markets, and its principals have previously worked for major financial institutions and corporations sourcing medium to long term financing solutions across broad industry sectors including resources and energy. etc. etc.