85,666,667 ordinary fully paid shares to be issued at 0.03c on...

• 85,666,667 ordinary fully paid shares to be issued at 0.03c on 28 August 2020;
• issued under LKE's placement capacity, no SH approval required;
• broker's fee of 6% to Virathus Australia;
• underwritten by Virathus Australia and Fresh Equities up to the value of $1,250,000;
• underwriter's fee of 6% commission; and
• stated purpose: "To complete production of larger high purity lithium carbonate samples for downstream off-takers,testing of lithium
  chloride product from the Lilac direct lithium extraction pilot plant to initiate a DFS; general exploration, costs of the
  Placement.".