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LIVIUM LTD — Capital/Financing Update 2021
Aug 17, 2021
65239_rns_2021-08-17_ab50c786-3d7e-41ff-bc52-f6f5cfd1725d.pdf
Capital/Financing Update
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18 August 2021
LITCF holder pays unpaid capital raising $50k
Lithium Australia NL (ASX: LIT) (‘the Company’) advises that a shareholder has recently fully paid the balance unpaid on 1,000,000 LITCF partly paid ordinary shares in the capital of the Company (‘LITCF’) held by him. The shareholder paid an amount of $0.0499 for each LITCF for total consideration of $49,900.
Application to change listing designation of 1,000,000 LITCFs to LITs
The Company is pleased to advise that 1,000,000 LITCF partly paid shares have been fully paid and therefore have become fully paid ordinary shares in the capital of the Company (LIT). 112,408,755 LITCF remain on issue. A statement will be issued shortly to that shareholder who paid all outstanding amounts on his 1m LITCFs. The Company requests that ASX change designation of these 1,000,000 LITCF shares to the ASX code ‘LIT’ accordingly.
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Please contact Barry Woodhouse if there are any questions in relation to this matter.
Authorised for release by the Company Secretary.
Adrian Griffin Barry Woodhouse Managing Director Company Secretary Mobile +61 (0) 418 927 658 Mobile +61 (0) 438 674 259 [email protected] [email protected]
About Lithium Australia
Lithium Australia aims to ensure an ethical supply of energy metals to the battery industry by creating a circular battery economy that enhances both sustainability and resource security. Reprocessing spent lithium-ion batteries to create new ones is intrinsic to this plan, with the Company operating Australia's only fully integrated mixedbattery recycling business.
Having rationalised its portfolio of lithium projects/alliances, Lithium Australia continues its research into, and the development of, proprietary extraction processes for the conversion of all lithium silicates (including mine waste), and of fines generally discarded during conventional spodumene conversion, to lithium chemicals, from which it will produce advanced cathode materials for the battery industry globally.
The Australian federal government has recognised the Company's progress through the awarding of substantial research grants designed to progress the nation's advanced battery capabilities.
By uniting resources and innovation, Lithium Australia seeks to vertically integrate lithium extraction, processing and recycling.
Media contacts
Adrian Griffin, Lithium Australia NL
08 6145 0288 | +61 (0) 418 927 658
ASX ANNOUNCEMENT Lithium Australia
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