Ann: Completion of Australian Uranium & Rare Earth Transaction, page-5

To me, this announcement is very clear and very strategic.

Moonlight Resources has been founded (100% owned by us, LPM holders) by

Taking away Moonlight Project
$100,000 (payout to Uranium and REE sellers)
500,000 Ordinary LPM shares (escrowed 12 months) to sellers plus 500,000 options at 30c, 3 years
holding 17m shares, 50% interest
the remaining 17m shares, 50% held by the sellers
99% of Any lithium found and mined at Moonlight project

The new ASX company (LPM subsidiary) will be lead by

3 directors (most likely Bin, Simon + 1) from LPM
2 directors (one each from sellers)


Read it repeatedly right to the end, If you're not clear enough.

Instead of making wasteful guesses..