LAKE RESOURCES N.L. — Major Shareholding Notification 2016

Nov 20, 2016

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

Lake Resources N.L.

ACN/ARSN

079 471 980

1. Details of substantial holder (1)

Name

Mr Kerry William John Harris and Miss Katrina Fourro < Dig Deep S/F A/C >

ACN/ARSN (if applicable)

The holder became a substantial holder on

14 11 16/ /

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
ORD	9,993,334	9,993,334	5.78%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

llows:
Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Kerry Harris & Katrina Fourro	Registered Holder	ORD 9,993,334

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number
interest	securities	registered as holder (8)	of securities
Kerry Harris & Katrina Fourro	Kerry Harris & Katrina Fourro	Kerry Harris & Katrina Fourro	ORD 9,993,334

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant	Date of acquisition	Consideration (9)	Consideration (9)	Class and number
interest				of securities
		Cash	Non-cash
Kerry Harris & Katrina Fourro	2/9/16	$16,810		ORD 410,000
Kerry Harris & Katrina Fourro	14/11/16	Vendor	Consideration	ORD 9,583,334
		for Lith NRG Pty Ltd