Ann: Lepidico Appoints 2 Non-Executive Directors, page-5

ASX/Media Announcement
Perth: 10 January 2018
LEPIDICO APPOINTS 2 NON-EXECUTIVE DIRECTORS
• Ms Cynthia Thomas, an experienced international banking and mine finance
executive
• Mr Brian Talbot, an experienced metallurgist and executive, currently General
Manager of Galaxy’s Mt Cattlin Operations
Lepidico Ltd (ASX: LPD) (“Lepidico” or “Company”) is pleased to announce the appointments of Ms Cynthia
Thomas and Mr Brian Talbot as Non-Executive Directors of the Company.
Ms Thomas joins the Board as an independent Non-Executive Director with over 30 years of banking and mine
finance experience, and is currently the Principal of Conseil Advisory Services Inc. ("Conseil"), an independent
financial advisory firm specialising in the natural resource industry which she founded in 2000. Prior to
founding Conseil, Ms Thomas worked with Bank of Montreal, Scotiabank and ScotiaMcLeod in the corporate
and investment banking divisions. Ms Thomas holds a Bachelor of Commerce degree from the University of
Toronto and a Masters in Business Administration from the University of Western Ontario. Ms Thomas was
formerly a Director of Polymet Mining Corp., KWG Resources Inc., Nautilus Minerals Inc. and is currently a
Director and Chair of Victory Nickel Inc.
Mr Talbot joinsthe Board as a Non-Executive Director and shareholder representative of Galaxy Resources Ltd,
which holds a 11.9% interest in the Company. Mr Talbot is the General Manager of Galaxy’s Mt Cattlin
Operations and brings over 25 years’ experience in both mine management and processing of lithium ores. He
was most recently with Bikita Minerals in Zimbabwe, where he was instrumental in expanding plant
throughput and increasing metallurgical recovery. Mr Talbot holds a Bachelor of Science in Chemical
Engineering from the University of Witwatersrand, South Africa.
Lepidico Chairman Gary Johnson said, “I would like to welcome Cynthia and Brian to the Board and look
forward to their input in assisting the Company achieve its objective of becoming a lithium producer that’s
integrated through the value chain from mine to lithium chemical production. Cynthia’s strong background in
the capital markets and in the area of regulatory compliance will help ensure continued strong governance as
well as improved board independence. Brian’s operational experience within the lithium industry will ensure
the Company is well placed as it transitions from developer to producer. The addition of Cynthia and Brian
increases the range of skills available to the Board, as well as strengthening governance, independence, and
diversity; - all attributes needed to create a successful future.”