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LIVIUM LTD — Capital/Financing Update 2021
Jan 27, 2021
65239_rns_2021-01-27_0b151ea7-6afa-4efb-b30a-64c75b7bb2bf.pdf
Capital/Financing Update
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27 January 2021
LITCF holders pay unpaid capital raising $282k
Shareholders of Lithium Australia NL (ASX: LIT) (‘the Company’) fully paid the balance unpaid on 5,655,580 LITCF partly paid ordinary shares in the capital of the Company (‘LITCF’). The shareholders paid $0.0499 for each LITCF for total consideration of $282,213.42.
Application to change listing designation of 5,655,580 LITCFs to LITs
The Company is pleased to advise that 5,655,580 LITCF partly paid shares have been fully paid and therefore have become fully paid ordinary shares in the capital of the Company (LIT). 87,845,726 LITCF remain on issue. A statement will be issued shortly to those shareholders who paid all outstanding amounts on their LITCFs. The Company requests ASX changes designation of these 5,655,580 shares to the ASX code ‘LIT’.
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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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