Lake Resources NL Canada Provides Further Export Credit Support for Kachi

Sydney, Australia (ABN Newswire) – Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) continues to demonstrate financial support for its flagship Kachi Lithium Project, after receiving a formal Letter of Interest (LOI) from Canada’s official Export Credit Agency (ECA), Export Development Canada (EDC).

EDC’s LOI does not increase the level of potential project finance available from Export Credit Agencies for the project but does increases sourcing flexibility, greater access to low-cost direct lending and reflects additional confidence around shared financing for a robust project.

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Lake Resources NL Partner Lilac Solutions Announces USD150m Raise

Sydney, Australia (ABN Newswire) – Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) states that Lilac Solutions announces $150 Million Series B to scale lithium supply for the electric vehicle era.

Lilac’s release can be sourced on the following link:
https://www.abnnewswire.net/lnk/3385D113

This follows Lake’s recent announcement of partnering with Lilac Solutions for technology and funding to develop the Kachi Lithium Brine Project in Argentina (ASX 22 September 2021).

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Lake Resources NL Webinar Presentation

Sydney, Australia (ABN Newswire) – Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) invites investors to join Lake’s Managing Director, Steve Promnitz and Chairman Stu Crow, together with David Snydacker, CEO of Lilac Solutions Inc., at an investor webinar hosted by Red Cloud Securities Inc. to discuss the companies’ clean lithium technology development.

Please register for the webinar via:
https://www.redcloudfs.com/rcwebinar-lke-2/

For investors who cannot attend the live event, a recording will be automatically sent to all who register via the link above, with a link also to be made available via Lake’s website.

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Lake Resources NL and Lilac Technology and Funding Partnership signed

Sydney, Australia (ABN Newswire) – Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) and Lilac Solutions, Inc. are pleased to announce that after extensive successful test-work, they have entered into a partnership for technology and funding to develop Lake’s Kachi Lithium Brine Project (Kachi) in Argentina. Under the terms of the partnership earn-in, Lilac is able to achieve an equity stake in the Kachi project with certain corresponding project funding obligations, while providing its leading technology to advance the project (see commercial earn in terms below).

“We have progressed methodically through testing and pilot stage work and are now pleased to have the partnership established,” Lake’s Managing Director, Steve Promnitz said.

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Lake Resources NL Bonus Issue Appointment of Nominee

Sydney, Australia (ABN Newswire) – Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF), ACN 079 471 980, wishes to advise that it has today dispatched a Notice to Ineligible Shareholders of the previously announced Bonus Option Issue, which is detailed below.

– Lake has appointed a nominee to receive options that would otherwise have been issued to offshore “Ineligible Shareholders” to facilitate their participation in the Bonus Option issue.

– Bonus Options will have an exercise price $0.35 each, expiring on 15 October 2021 and, if exercised, will result in the issue of a second option (Additional Options) and each Additional Option will have an exercise price $0.75 each, expiring on 15 June 2022

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