Ann: Quarterly Reports - March 2017, page-3

Highlights
 Mt Cattlin Operations: - Produced 23,467 tonnes of lithium concentrate, in line with forecast during ramp-up phase; - Production cash costs (excluding royalties and marketing fees) of US$389 per tonne; - Sales of 23,455 tonnes at an average realised price before royalties and marketing fees of US$542 (A$719) per tonne;  Secured new debt facility with BNP Paribas of up to US$40 million, subsequently executed definitive documentation for the reduced amount of US$25 million;
 Raised A$61 million from equity financing;
 Exercise of Options raised A$8.6 million;
 Appointed new Directors to the Board;
 Appointed new Chief Operating Officer;
 Confirmed development team for the Sal de Vida Project;
 Commenced exploration and development program for the James Bay Project