LKE 1.96% 5.2¢ lake resources n.l.

Ann: Results of Share Purchase Plan, page-11

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    “Funds raised from the Placement and SPP, totalling approximately A$16.5 million”

    Less Costs…

    PLACEMENT COSTS:
    $1.4 million (excluding GST)

    SPP COSTS:
    Lake will pay the Joint Lead Managers a management fee of 1.5% of the gross amount raised under the SPP (plus any applicable GST) (Management Fee). TheManagement Fee will be split between the Joint Lead Managers on a fifty-fifty basis.

    IMO DYOR
 
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