LKE 2.44% 4.0¢ lake resources n.l.

Ann: LKE Bonus Issue to Shareholders, page-12

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  1. Suw
    2,141 Posts.
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    Wow, bonus options issue for shareholders who had the trust in LKE and its management. Thank you.

    This also means if approx 100m (1:10) options get converted at 35 cents each it will bring an additional cash inflow of $35m. Second option at 75c will bring $75m in June 2022. Very interesting...is to fast track some of other projects or to support balance amount required for construction finance assuming 70% is funded through ECA? Way to go LKE.

    1. Appointment if new CFO to manage construction finance
    2. Appointment of Non Executive BOD member from Argentina
    3. Free bonus options issue for existing share holders

    WOW!!!
 
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