LAKE RESOURCES N.L. — Director's Dealing 2017

Dec 7, 2017

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Stuart Crow
Date of last notice	9 June 2017

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	1) 1 December 2017 2) 8 December 2017

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1,597,100 – Ordinary Shares 625,000 – Unlisted options, expiry 4 April 2018, exercise price $0.05 (Class A) 156,250 – Unlisted options, expiry 4 April 2018, exercise price $0.05 (Class C) 156,250 – Unlisted options, expiry 4 April 2018, exercise price $0.05 (Class D) 312,500 – Unlisted Performance Rights (Tranche 3) 1,000,000 – Unlisted Performance Rights (LTI Plan)
Class	1) Unlisted Options, exercise price of $0.28 and expiry date of 31 December 2020 2) Ordinary Shares
Number acquired	1) 3,000,000 2)1,000,000
Number disposed	1) N/A 2) N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1) Nil cash consideration 2) Nil cash consideration
No. of securities held after change	2,597,100 – Ordinary Shares 625,000 – Unlisted options, expiry 4 April 2018, exercise price $0.05 (Class A) 156,250 – Unlisted options, expiry 4 April 2018, exercise price $0.05 (Class C) 156,250 – Unlisted options, expiry 4 April 2018, exercise price $0.05 (Class D) 3,000,000 – Unlisted Options, expiry 31 December 2020, exercise price $0.28 312,500 – Unlisted Performance Rights (Tranche 3)

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	1) Issue of Options as approved by shareholders at the 2017 AGM held on 30 November 2017 2) Conversion of LTI Performance rights into ordinary shares upon satisfaction of performance criteria

Part 2 – Change of 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
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period **where prior written clearance was required? **	No
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Nicholas Mark Lindsay
Date of last notice	25 July 2017

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	1 December 2017
No. of securities held prior to change	N/A
Class	Unlisted Options, expiry date 31 December 2020, exercise price $0.28
Number acquired	1,500,000
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil cash consideration

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1,500,000 – Unlisted Options, expiry 31 December 2020, exercise price $0.28
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of unlisted options as approved at the 2017 AGM held on 30 November 2017

Part 2 – Change of 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
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period **where prior written clearance was required? **	No
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Steve Promnitz
Date of last notice	9 June 2017

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	1) 1 December 2017 2) 8 December 2017 3) 8 December 2017

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	6,255,078 – Ordinary Shares 2,502,032 – Unlisted options, expiry 04/04/2018, exercise price $0.05 (Class A) 625,508 – Unlisted options, expiry 14 May 2018, exercise price $0.05 (Class C) 625,508 – Unlisted options, expiry 14 May 2018, exercise price $0.05 (Class D) 1,251,016 – Unlisted Performance Rights (Tranche 3) 7,500,000 – Unlisted Performance Rights (LTI Plan)
Class	1) Unlisted Options, expiry date 31 December 2020, exercise price $0.28 2) Ordinary Shares 3) Ordinary Shares
Number acquired	1) 5,000,000 2) 5,000,000 3) N/A
Number disposed	1) N/A 2) N/A 3) 1,000,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1) Nil cash consideration 2) Nil Cash Consideration 3) $0.185 per share ($185,000)

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

10,255,078 – Ordinary Shares 2,502,032 – Unlisted options, expiry 04/04/2018, exercise price $0.05 (Class A) 625,508 – Unlisted options, expiry 14 May 2018, exercise price $0.05 (Class C) 625,508 – Unlisted options, expiry 14 May 2018, exercise price $0.05 (Class D) 5,000,000 – Unlisted Options, expiry 31 December 2020, exercise price $0.28 1,251,016 – Unlisted Performance Rights (Tranche 3) 2,500,000 – Unlisted Performance Rights (LTI Plan)

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

1) Issue of unlisted options as approved at the 2017 AGM held on 30 November 2017 2) Conversion of performance rights into ordinary shares following satisfaction of performance criteria 3)off-market trade

Part 2 – Change of 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
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to N/A allow the trade to proceed during this period? If prior written clearance was provided, on what N/A date was this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 4