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LIVIUM LTD Capital/Financing Update 2021

Apr 7, 2021

65239_rns_2021-04-07_37b213de-a91f-40e9-ab21-f06051b1b6c1.pdf

Capital/Financing Update

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8 April 2021

LITCF holders pay unpaid capital raising $210k

Lithium Australia NL (ASX: LIT) (‘the Company’) advises that a number of shareholders have recently fully paid the balance unpaid on 4,210,336 LITCF partly paid ordinary shares in the capital of the Company (‘LITCF’) held by them. The shareholders paid an amount of $0.0499 for each LITCF for total consideration of $210,096.

Application to change listing designation of 4,210,336 LITCFs to LITs

The Company is pleased to advise that 4,210,336 LITCF partly paid shares have been fully paid and therefore have become fully paid ordinary shares in the capital of the Company (LIT). 114,508,167 LITCF remain on issue. Statements will be issued shortly to those shareholders who paid all outstanding amounts on their LITCFs. The Company requests that ASX change designation of these 4,210,336 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 Board.

Adrian Griffin

Barry Woodhouse

Managing Director CFO and Company Secretary Mobile +61 (0) 418 927 658 Mobile +61 (0) 438 674 259 [email protected] [email protected]

About Lithium Australia NL

Lithium Australia aims to ensure an ethical and sustainable supply of energy metals to the battery industry (enhancing energy security in the process) by creating a circular battery economy. The recycling of old lithium-ion batteries to new is intrinsic to this plan. While rationalising its portfolio of lithium projects/alliances, the Company continues with R&D on its proprietary extraction processes for the conversion of all lithium silicates (including mine waste), and of unused fines from spodumene processing, to lithium chemicals. From those chemicals, Lithium Australia plans to produce advanced components for the battery industry globally, and for stationary energy storage systems within Australia. By uniting resources and innovation, the Company seeks to vertically integrate lithium extraction, processing and recycling.

Media contacts

Adrian Griffin, Lithium Australia NL Kevin Skinner, Field Public Relations

08 6145 0288 | +61 (0) 418 927 658 08 8234 9555 | +61 (0) 414 822 631

ASX ANNOUNCEMENT Lithium Australia

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