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LAKE RESOURCES N.L. Capital/Financing Update 2020

Jan 21, 2020

65240_rns_2020-01-21_daa4b83e-a398-4149-8176-941ad808e909.pdf

Capital/Financing Update

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Market Announcement

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22 January 2020

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Lake Resources NL (ASX: LKE) – Suspension from Official Quotation

Description

The securities of Lake Resources NL (‘LKE’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of LKE, pending the release of an announcement in relation to a material capital raising.

Issued by

Alex Sutton

Compliance Adviser, Geology, Listings Compliance (Sydney)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

22 January 2020 ASX Limited

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22 January 2020

ASX Compliance Pty Ltd 20 Bridge Street SYDNEY NSW 2000

By email: [email protected]

Dear Alex,

REQUEST FOR VOLUNTARY SUSPENSION

In accordance with listing rule 17.2, Lake Resources NL. (ASX:LKE) (“Lake” or the “Company”) requests a further one day voluntary suspension on its securities pending the release of an announcement to the market in relation to a material capital raising.

The Company requests that the voluntary suspension be effective immediately and remain in place until the earlier of the commencement of normal trade on Thursday, 23 January 2020 or the release of an announcement by the company in relation to capital raising.

The Company is not aware of any reason the voluntary suspension should not be extended.

Yours faithfully,

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Sinead Teague Joint Company Secretary

Level 5, 126 Phillip St, Sydney, NSW 2000, Australia T: +61 2 9299 9690