Ann: LOI with BASF extended to 31 December 2020, page-4

The novation and extension agreement follows a visit by BASF to Lepidico’s Pilot Plant in Perth and provides BASF and Lepidico sufficient time to work towards completion of a definitive qualification and offtake agreement.

Lepidico’s Managing Director, Joe Walsh said, "Lepidico looks forward to continuing discussions during 2020 with BASF for the potential supply of lithium chemicals from its planned Phase 1 Plant Project.”