CORE LITHIUM LTD — Capital/Financing Update 2019

Dec 19, 2019

ASX: CXO Announcement

20 December 2019

Cleansing notice under section 708A(5)(e) of the Corporations Act

Core Lithium Ltd ( Core or Company ) has issued 450,000 fully paid ordinary shares in the Company for nil consideration and further issued 392,156 fully paid ordinary shares in the Company at a deemed price of approximately $0.051 per share ( Issue ).

Details of the Issue

Class of Securities:

ASX Code of the securities:

Date of the issue

Total number of shares issued:

Ordinary shares CXO 20 December 2019 842,156

Core advises that:

1. The shares offered under the Issue were issued without disclosure to investors under Part 6D.2 Corporations Act 2001 (Cth) ( Corporations Act ).

2. This notice is given under section 708A(5)(e) of the Corporations Act.

3. As at the date of this notice, Core has complied with the provisions of Chapter 2M Corporations Act as they apply to Core and has complied with section 674 Corporations Act.

4. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that has not already been disclosed to investors generally.

Authorise for release by the Board of Core Lithium Ltd

For further information please contact: For Media and Broker queries: Stephen Biggins Andrew Rowell Managing Director Director - Investor Relations Core Lithium Ltd Cannings Purple +61 8 8317 1700 +61 400 466 226 info@corelithium.com.au arowell@canningspurple.com.au