Ann: Notification of cessation of securities - LLI, page-4

From today's ANN:

"100% OWNED SCOTTY LITHIUM PROJECT:
Loyal Lithium has negotiated the acquisition of the remaining 20% of the Project and is now the 100% owner of the Scotty Lithium Project. The agreement removes the Company’s various performance obligations⁷ (18,000,000 ordinary fully paid LLI shares & 9,000,000 LLI Options) for a settlement of escrowed ordinary fully paid LLI shares and options (7,000,000 ordinary fully paid LLI shares & 3,500,000 LLI Options)."

(⁷ ASX Announcement MMG (LLI): Transformational Acquisition of the Strategically Located and Large-Scale Scotty Lithium Project, Nevada, USA 03 May 2022). Looks like 27m were old obligations before the (company name) change and new CEO appointment.

Looks good to me for reducing circa 17m SOI nonetheless..