Ann: Short Form Prospectus, page-2

Lake Resources N.L. (ASX:LKE, “Lake” or “LKE”) has lodged the attached Short Form Prospectus with ASIC today whereby the Company intends to issue 16,666,667 Options to Placement Applicants who participated in the Placement by the Company in March 2018 and 16,650,000 Options to Noteholders who applied for Options under the Note Issue (Offer).

Issue Price Nil Exercise Price $0.20
Maximum number of Options to be issued 16,666,667 to Placement Applicants 16,650,000 to Noteholders Expiry Date of the Options 15 December 2018

Nice!!! Telling us something? Current SP $0.105  Potential return to LME $6.66 million.