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LIVIUM LTD Capital/Financing Update 2018

Aug 9, 2018

65239_rns_2018-08-09_7282a846-f3b1-4807-851a-8db69cf87817.pdf

Capital/Financing Update

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10 August 2018

ASX ANNOUNCEMENT

VSPC ACQUISITION – RELEASE FROM ESCROW TRADING CONDITIONS

Lithium Australia NL (ASX: LIT) advises that the second parcel of 15,283,396 fully paid ordinary shares held under voluntary escrow trading restrictions in regard to the acquisition of VSPC LTD (formerly Very Small Particle Company Limited) ( VSPC ) are due for release on 26 August 2018. This represents 25% of the fully paid ordinary share consideration for VSPC. The balance of the VSPC acquisition will be released in 2 equal tranches in 3 and 6 months respectively.

Barry Woodhouse

CFO and Company Secretary Mobile +61 (0) 438 674 259 [email protected]

ABOUT LITHIUM AUSTRALIA NL

Lithium Australia aspires to 'close the loop' on the energy-metal cycle. Its disruptive extraction processes are designed to convert all lithium silicates to lithium chemicals, from which advanced components for the battery industry can be created. By uniting resources and the best available technology, Lithium Australia seeks to establish a vertically integrated lithium processing business.

MEDIA CONTACT:

Adrian Griffin Lithium Australia NL 08 6145 0288 | 0418 927 658 Kevin Skinner Field Public Relations 08 8234 9555 | 0414 822 631