LIVIUM LTD — Director's Dealing 2020

Mar 3, 2020

==> picture [595 x 47] intentionally omitted <==

4 March 2020

Notice under section 708(A)(5)(e) and Appendix 3Y

Lithium Australia NL (ASX: LIT) (‘the Company’) advises that it has issued 3,421,020 fully paid ordinary shares in the capital of the Company (‘Shares’), 33,333,333 options with an exercise price of $0.055 expiring 28 February 2023 and the Replacement Convertible Note automatically issued upon receipt of shareholder approval on 24 February 2020.

Notice under section 708(A)(5)(e) of the Corporations Act 2001

==> picture [84 x 102] intentionally omitted <==

Lithium Australia NL has issued and allotted 3,421,020 fully paid ordinary shares in the capital of the Company, as outlined in the Appendix 2A announced earlier today. Accordingly, the Company gives notice under section 708A(5)(e)(i) of the Corporations Act 2001 (Cth) (‘Act’) that:

1. the abovementioned Shares were issued without disclosure to investors under Part 6D.2 of the Act;

2. as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and with section 674 of the Act, and

3. as at the date of this notice there is no information to be disclosed which is “excluded information” as defined in subsection 708A(7) of the Act that is reasonable for investors and their professional advisers to find in a disclosure document.

Appendix 3Y – Bryan Dixon

Attached below is the Appendix 3Y for Bryan Dixon.

Authorised for release by the Board. Company representatives to contact in relation to this release are listed below.

Barry Woodhouse

Adrian Griffin

CFO and Company Secretary Managing Director Mobile +61 (0) 438 674 259 Mobile +61 (0) 418 927 658 Barry.Woodhouse@lithium-au.com Adrian.Griffin@lithium-au.com

About Lithium Australia NL

Lithium Australia aims to ensure an ethical, sustainable and efficient 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.

ASX ANNOUNCEMENT Lithium Australia

Page 1

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Lithium Australia NL ABN 29 126 129 413

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Bryan Dixon
Date of last notice Date of this notice	19 February 2020 4 March 2020

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed

in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Warrior Finance Pty Ltd, an entity of which Bryan Dixon is a director and shareholder Warrior Strategic Pty Ltd, an entity of which Bryan Dixon is a director and shareholder
Date of change	4 March 2020
No. of securities held prior to change	Indirect 2,358,413 ordinary fully paid shares 768,936 LITCE
Class	Ordinary shares
Number acquired	69,624 ordinary shares
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares - $0.0624
No. of securities held after change	Indirect 2,428,037 ordinary fully paid shares 768,936 LITCE
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Ordinary shares issued pursuant to the Lithium Australia Fee and Remuneration Sacrifice Share Plan

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
**Date of change **	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
**Interest after change **	N/A

Part 3 –[+] Closed period

art 3 –+Closedperiod
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2