FMR RESOURCES LIMITED — Share Issue/Capital Change 2019

Oct 23, 2019

ASX RELEASE

24 October 2019

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CLEANSING NOTICE

For the purposes of section 708A(5)(e) of the Corporations Act 2001 (Cth) (the “Corporations Act”), Lake Resources N.L (the “Company”) hereby provides notice that on 24 October 2019 the Company issued 259,119,135 new Ordinary Shares in the Company.

Please see the attached Appendix 3B for details on the share issue.

Pursuant to the provisions of section 708A(5)(e) of the Corporations Act, the Company states that:

• (a) The securities were issued without disclosure under Part 6D.2 of the Corporations Act;

• (b) This notice is being given under section 708A(5)(e) of the Corporations Act;

• (c) As at the date of this notice, the Company has complied with:

  • (i) The provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • (ii) Section 674 of the Corporations Act; and

• (d) As at the date of this notice, the Company is considering other types of capital raisings, however, these discussions are on-going and incomplete. Aside of this, there is no other “excluded information” for the purposes of sections 708A(6)(e), 708A(7) and 708A(8) of the Corporations Act.

Yours Sincerely,

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Sinead Teague Company Secretary Nvoi Limited

Nvoi Limited ABN: 29 107 371 497

Level 7 82-88 Elizabeth Street Sydney NSW 2000