AI assistant
LIVIUM LTD — Share Issue/Capital Change 2021
Feb 17, 2021
65239_rns_2021-02-17_2576f91d-d98f-46fb-9aaa-599b733f6667.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
==> picture [595 x 47] intentionally omitted <==
17 February 2021
LITCF holders pay unpaid capital raising $179k
Lithium Australia NL (ASX: LIT) (‘the Company’) advises that a number of shareholders have recently fully paid the balance unpaid on 3,579,070 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 $178,596. Further, a total of 42,000,000 partly paid shares have transitioned from LITCE partly paid shares to LITCF partly paid shares (paid to $0.0101 and unpaid $0.0499).
Application to change listing designation of LITCF to LIT and LITCE to LITCF
==> picture [84 x 102] intentionally omitted <==
The Company is pleased to advise that 3,579,070 LITCF partly paid shares have been fully paid and therefore have become fully paid ordinary shares in the capital of the Company (LIT), and 42,000,000 LITCE have transferred to LITCF. 120,900,602 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 3,579,070 LITCF shares to the ASX code ‘LIT’ accordingly. The Company requests that ASX change designation of 42,000,000 LITCE to the ASX code ‘LITCF’ accordingly.
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
Page 1