LIVIUM LTD — Share Issue/Capital Change 2019

Dec 17, 2019

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18 December 2019

Appendix 3B – Issue of shares

Lithium Australia NL (ASX: LIT) (‘the Company’) advises that it has issued 15 million fully paid ordinary shares in the capital of the Company (‘Shares’) as collateral shares in relation to the funding agreement announced on 16 December 2019. The Shares were issued under its Listing Rule 7.1 capacity.

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

Lithium Australia NL has issued and allotted 15,000,000 fully paid ordinary shares in the capital of the Company, as outlined in the Appendix 3B announced earlier today. Accordingly, the Company gives notice under section 708A(5)(e)(i) of the Corporations Act 2001 (Cth) (‘Act’) that:

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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.

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

Barry Woodhouse

CFO and Company Secretary Mobile +61 (0) 438 674 259 Barry.Woodhouse@lithium-au.com

Adrian Griffin

Managing Director Mobile +61 (0) 418 927 658 Adrian.Griffin@lithium-au.com

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 recycling, extraction and processing.

ASX ANNOUNCEMENT Lithium Australia

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