LAKE RESOURCES N.L. — Capital/Financing Update 2016

Nov 13, 2016

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Lake Resources N.L.

ABN 49 079 471 980

ASX Announcement

14 November 2016

CLEANSING NOTICE AND APPENDIX 3B – NEW ISSUE OF SECURITIES

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 14 November 2016 the Company issued the following securities, under the terms and conditions set out in the Notice of Meeting and Explanatory Statement released to the ASX on the 1 September 2016, and approved by shareholders at the Annual General Meeting on the 4 October 2016.

1. 77,000,000 – Ordinary Shares;

2. 8,500,000 – Unlisted Performance Rights - Issued under Long Term Incentive Plan;

3. 50,000,000 – Unlisted Performance Rights - Tranche 1, 2 and 3;

4. 25,000,000 – Listed Options; and

5. 25,000,000 – Unlisted Options.

Please see the attached appendix 3B for further details on the 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, there is no excluded information as defined in sections 708A(6)(e), 708A(7) and 708A(8) of the Corporations Act.

Yours Sincerely,

Andrew Bursill Company Secretary Lake Resources N.L. 02 9188 7864

Lake Resources N.L. (ACN 079 471 980)

1

3-7 Maud St, Newstead Qld 4006 I GPO Box 1239, Brisbane Qld 4001 T: +61 7 3257 1111 E: lakeresources@lakeresources.com.au

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

LAKE RESOURCES N.L.

ABN

49 079 471 980

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of+securities issued or to be issued	1. Ordinary Fully Paid Shares (LKE) 2. Ordinary Fully Paid Shares (LKE) 3. Ordinary Fully Paid Shares (LKE) 4. Unlisted Performance Rights 5. Unlisted Performance Rights 6. Unlisted Performance Rights 7. Unlisted Performance Rights 8. Unlisted Options 9. Unlisted Options 10. Unlisted Options 11. Unlisted Options

• See chapter 19 for defined terms.

Appendix 3B Page 1

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Appendix 3B New issue announcement

2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)	1. 25,000,000 - Ordinary Fully Paid Shares (LKE) 2. 50,000,000 - Ordinary Fully Paid Shares (LKE) 3. 2,000,000 - Ordinary Fully Paid Shares (LKE) 4. 8,500,000 - Unlisted Performance Rights 5. 25,000,000 - Unlisted Performance Rights 6. 12,500,000 - Unlisted Performance Rights 7. 12,500,000 - Unlisted Performance Rights 8. 25,000,000 - Unlisted Options 9. 12,500,000 – Unlisted Options 10. 6,250,000 – Unlisted Options 11. 6,250,000 – Unlisted Options
	1. Ordinary Fully Paid Shares (LKE) 2. Ordinary Fully Paid Shares (LKE) 3. Ordinary Fully Paid Shares (LKE) 4. Unlisted Performance Rights - Subject to terms and conditions of LTI Plan approved by shareholders on 4 October 2016. 5. Unlisted Performance Rights – Subject to performance milestones – Tranche 1. 6. Unlisted Performance Rights – Subject to performance milestones – Tranche 2. 7. Unlisted Performance Rights – Subject to performance milestones – Tranche 3. 8. Unlisted Options, exercise price $0.05, expiry 4 April 2018. 9. Unlisted Options, exercise price $0.05, expiry 4 April 2018. 10. Unlisted Options, exercise price $0.05, expiry 4 April 2018. 11. Unlisted Options, exercise price $0.05, expiry 4 April 2018.

• See chapter 19 for defined terms.

Appendix 3B Page 2

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Appendix 3B New issue announcement

• 4 Do the[+] securities rank equally in all respects from the[+] issue date with an existing[+] class of quoted +securities?

• If the additional[+] securities do not rank equally, please state:

• the date from which they do

• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

• Yes

• Yes

• Yes

• Ordinary shares issued on conversion of performance rights will rank equally with ordinary shares on issue.

• Ordinary shares issued on conversion of performance rights will rank equally with ordinary shares on issue.

• Ordinary shares issued on conversion of performance rights will rank equally with ordinary shares on issue.

• Ordinary shares issued on conversion of performance rights will rank equally with ordinary shares on issue.

• Ordinary shares issued on exercise of unlisted options will rank equally with ordinary shares on issue.

• Ordinary shares issued on exercise of unlisted options will rank equally with ordinary shares on issue.

• Ordinary shares issued on exercise of unlisted options will rank equally with ordinary shares on issue.

• Ordinary shares issued on exercise of unlisted options will rank equally with ordinary shares on issue.

• 5 Issue price or consideration

• $0.02 per share 2. Nil 3. Nil 4. Nil 5. Nil 6. Nil 7. Nil 8. Nil 9. Nil 10. Nil 11. Nil

• See chapter 19 for defined terms.

Appendix 3B Page 3

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Appendix 3B New issue announcement

6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)

1. Placement of Shares to Sophisticated and Professional Investors fir exploration and working capital under the terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 2. Vendor Consideration for acquisition of Lith NRG under the terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 3. In lieu of interest payment to loan providers under the terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 4. Performance rights issued under the Long Term Incentive Plan as per the terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 5. Performance rights –Tranche 1 as per the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 6. Performance rights –Tranche 2 as per the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 7. Performance rights –Tranche 3 as per the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 8. Vendor Consideration for acquisition of Lith NRG the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 9. Vendor Consideration for acquisition of Lith NRG the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 10. Vendor Consideration for acquisition of Lith NRG the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16. 11. Vendor Consideration for acquisition of Lith NRG the terms and conditions as per terms and conditions in Notice of AGM & Explanatory Statement released to the ASX on 1 Sept 2016 (Notice) and approved by shareholders 4 Oct ‘16.

• See chapter 19 for defined terms.

Appendix 3B Page 4

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Appendix 3B New issue announcement

6 a Is the entity an+eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b – 6h in relation to the+securities the subject of this Appendix 3B, and comply with section 6i 6 b The date the security holder resolution under rule 7.1A was passed 6 c Number of+securities issued without security holder approval under rule 7.1 6 d Number of+securities issued with security holder approval under rule 7.1A 6 e Number of+securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) 6 f Number of+securities issued under an exception in rule 7.2 6 g If+securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation. 6 h If+securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements 6 i Calculate the entity’s remaining issue capacity under rule 7.1 and rule 7.1A – complete Annexure 1 and release to ASX Market Announcements	Yes
	4 October 2016
	Nil
	Nil
	N/A
	N/A
	N/A
	N/A
	Refer to Annexure 1.

• See chapter 19 for defined terms.

Appendix 3B Page 5

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Appendix 3B New issue announcement

7 +Issue dates Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

14 November 2016

Cross reference: item 33 of Appendix 3B.

• Number +Class

• 8 Number and +class of all 95,876,034 + Ordinary Fully Paid Shares +securities quoted on ASX (ASX:LKE) ( including the +securities in 77,000,000 section 2 if applicable) 172,876,034

• See chapter 19 for defined terms.

Appendix 3B Page 6

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Appendix 3B New issue announcement

9 Number and +class of all +securities not quoted on ASX (_including_the +securities in section 2 if applicable) 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)	Number	+Class
	25,000,000 12,500,000 6,250,000 6,250,000 50,000,000 8,500,000 25,000,000 12,500,000 12,500,000 58,500,000	Unlisted Options Exercise price $0.05, Expiry date 4 April 2018 Unlisted Options – B Class – Exercise price $0.05, Expiry date 4 April 2018. Unlisted Options – C Class – Exercise price $0.05, Expiry date 4 April 2018. Unlisted Options – D Class – Exercise price $0.05, Expiry date 4 April 2018. Total Unlisted Options Performance Rights – under LTI PLan Performance Rights – Tranche 1 Performance Rights – Tranche 2 Performance Rights – Tranche 3 Total Performance Rights
	N/A

• See chapter 19 for defined terms.

Appendix 3B Page 7

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Appendix 3B New issue announcement

Part 2 - Pro rata issue

art 2 - Pro rata issue
11 Is security holder approval required? 12 Is the issue renounceable or non- renounceable? 13 Ratio in which the+securities will be offered 14 +Class of+securities to which the offer relates 15 +Record date to determine entitlements 16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements? 17 Policy for deciding entitlements in relation to fractions 18 Names of countries in which the entity has security holders who will not be sent new offer documents Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7. 19 Closing date for receipt of acceptances or renunciations	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

• See chapter 19 for defined terms.

Appendix 3B Page 8

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Appendix 3B New issue announcement

20 Names of any underwriters 21 Amount of any underwriting fee or commission 22 Names of any brokers to the issue 23 Fee or commission payable to the broker to the issue 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders 25 If the issue is contingent on security holders’ approval, the date of the meeting 26 Date entitlement and acceptance form and offer documents will be sent to persons entitled 27 If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders 28 Date rights trading will begin (if applicable) 29 Date rights trading will end (if applicable) 30 How do security holders sell their entitlements_in full_through a broker? 31 How do security holders sell_part_ of their entitlements through a broker and accept for the balance?	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

• See chapter 19 for defined terms.

Appendix 3B Page 9

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Appendix 3B New issue announcement

32 How do security holders dispose of their entitlements (except by sale through a broker)?

N/A

33 +Issue date

N/A

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of[+] securities ( tick one )

• (a) X X +Securities described in Part 1

• (b)[All other ][+][securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the[+] securities are[+] equity securities, the names of the 20 largest holders of the additional[+] securities, and the number and percentage of additional[+] securities held by those holders

36 If the[+] securities are[+] equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over

37 A copy of any trust deed for the additional[+] securities

• See chapter 19 for defined terms.

Appendix 3B Page 10

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Appendix 3B New issue announcement

Entities that have ticked box 34(b)

38 Number of[+] securities for which +quotation is sought 39 +Class of +securities for which quotation is sought 40 Do the[+] securities rank equally in all respects from the[+] issue date with an existing[+] class of quoted +securities? If the additional[+] securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 41 Reason for request for quotation now Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another[+] security, clearly identify that other[+] security)

Number +Class 42 Number and +class of all +securities quoted on ASX ( including the[+] securities in clause 38)

• See chapter 19 for defined terms.

Appendix 3B Page 11

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Appendix 3B New issue announcement

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX.

• The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

• There is no reason why those[+] securities should not be granted +quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

Date: 14 November 2016 Company secretary

Print name: Andrew Bursill

• See chapter 19 for defined terms.

== == == == ==

Appendix 3B Page 12

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Appendix 3B New issue announcement

Appendix 3B – Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities

Introduced 01/08/12 Amended 04/03/13

Part 1

Rule 7.1 – Issues exceeding 15% of capital

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

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----- Start of picture text -----

Insert number of fully paid [+] ordinary 95,876,034
securities on issue 12 months before the
+ issue date or date of agreement to issue
Add the following:
• Number of fully paid [+] ordinary
securities issued in that 12 month
period under an exception in rule 7.2
• Number of fully paid [+] ordinary
25,000,000 +
securities issued in that 12 month
50,000,000
period with shareholder approval
2,000,000
• Number of partly paid [+] ordinary 77,000,000 Total
securities that became fully paid in that
12 month period
Note:
• Include only ordinary securities here –
other classes of equity securities
cannot be added
• Include here (if applicable) the
securities the subject of the Appendix
3B to which this form is annexed
• It may be useful to set out issues of
securities on different dates as
separate line items
Subtract the number of fully paid Nil
+ ordinary securities cancelled during that
12 month period
“A” 172,876,034
----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3B Page 13

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Appendix 3B New issue announcement

Step 2: Calculate 15% of “A” “B” 0.15 [Note: this value cannot be changed] Multiply “A” by 0.15 25,931,405 Step 3: Calculate “C”, the amount of placement capacity under rule 7.1 that has already been used Insert number of[+] equity securities issued Nil or agreed to be issued in that 12 month period not counting those issued: • Under an exception in rule 7.2 • Under rule 7.1A • With security holder approval under rule 7.1 or rule 7.4 Note:

• This applies to equity securities, unless specifically excluded – not just ordinary securities

• • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed

• • It may be useful to set out issues of securities on different dates as separate line items

• “C” Nil

Step 4: Subtract “C” from [“A” x “B”] to calculate remaining	Step 4: Subtract “C” from [“A” x “B”] to calculate remaining
placement capacity under rule 7.1
“A” x 0.15	25,931,405
Note: number must be same as shown in
Step 2
Subtract“C”	Nil
Note: number must be same as shown in
Step 3
Total[“A” x 0.15] – “C”	25,931,405
	[Note: this is the remaining placement
	capacity under rule 7.1]

• See chapter 19 for defined terms.

Appendix 3B Page 14

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Appendix 3B New issue announcement

Part 2

Rule 7.1A – Additional placement capacity for eligible entities

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

“A” 172,876,034 Note: number must be same as shown in Step 1 of Part 1 Step 2: Calculate 10% of “A” “D” 0.10 Note: this value cannot be changed Multiply “A” by 0.10 17,287,603

Step 3: Calculate “E”, the amount of placement capacity under rule 7.1A that has already been used

Insert number of[+] equity securities issued Nil or agreed to be issued in that 12 month period under rule 7.1A

Notes:

• This applies to equity securities – not just ordinary securities

• • Include here – if applicable – the securities the subject of the Appendix 3B to which this form is annexed

• • Do not include equity securities issued under rule 7.1 (they must be dealt with in Part 1), or for which specific security holder approval has been obtained

• • It may be useful to set out issues of securities on different dates as separate line items

• “E” 17,287,603

• See chapter 19 for defined terms.

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Appendix 3B New issue announcement

Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A
“A” x 0.10 Note: number must be same as shown in Step 2	17,287,603
Subtract“E” Note: number must be same as shown in Step 3	Nil
Total[“A” x 0.10] – “E”	17,287,603

• See chapter 19 for defined terms.

Appendix 3B Page 16

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Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity LAKE RESOURCES N.L.

ABN 49 079 471 980

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Steve Promnitz
Date of appointment	14 November 2016

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

• 5,004,062 - Fully Paid Ordinary Shares

• 2,502,032 - Unlisted Options, exercise price of $0.05, expiry date 18 months from date of shareholder approval at the AGM held on 4 October 2016.

5,004,062 - Unlisted Performance Rights

(as approved by shareholders at the AGM held on 4 October 2016).

• 2,502,032 – Unlisted Options, exercise price of $0.05, and expiry date 18 months from date of shareholder approval at the AGM held on 4 October 2016

(as Vendor Consideration in three tranches vesting under terms and conditions in the Notice of Meeting & Explanatory Statement released to the ASX on 1 September 2016, and approved by shareholders at the AGM held on 4 October 2016).

• 7,500,000 - Unlisted Performance Rights

(as part of the LTI Plan in three tranches vesting under terms and conditions in the Notice of Meeting & Explanatory Statement released to the ASX on 1 September 2016, and approved by shareholders at the AGM held on 4 October 2016).

• See chapter 19 for defined terms.

Appendix 3X Page 1

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) No. and class of securities to which interest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

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Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/9/2001.

Name of entity LAKE RESOURCES N.L. ABN 49 079 471 980

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Stuart Crow
Date of appointment	14 November 2016

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

1,250,000 - Fully Paid Ordinary Shares 625,000 - Unlisted Options, exercise price of $0.05, expiry date 18 months from date of shareholder approval at the AGM held on 4 October 2016. 1,250,000 - Unlisted Performance Rights (as approved by shareholders at the AGM held on 4 October 2016). 625,000 - Unlisted Options, exercise price of $0.05, and expiry date 18 months from date of shareholder approval at the AGM held on 4 October 2016 (as Vendor Consideration in three tranches vesting under terms and conditions in the Notice of Meeting & Explanatory Statement released to the ASX on 1 September 2016, and approved by shareholders at the AGM held on 4 October 2016).

1,000,000 - Unlisted Performance Rights (as part of the LTI Plan in a single tranche vesting under terms and conditions in the Notice of Meeting & Explanatory Statement released to the ASX on 1 September 2016, and approved by shareholders at the AGM held on 4 October 2016).

• See chapter 19 for defined terms.

Appendix 3X Page 1

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. N/A	Number & class of Securities

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

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