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Our website ranking of LKE: rating 3
(3 out of 5)



Link Market Services,Level 21, 10 Eagle Street Brisbane QLD 4000

Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

Address: Level 5 126 Phillip Street Sydney NSW 2000 Australia
Tel:  02 9188 7864 Fax: (07) 3257 2122

Date first listed: 29/08/2001
Company Secretary: Sinead Teague
Sector: Materials Industry Group: XMJ
Activities: Mineral exploration projects in Pakistan and Argentina and reviewing opportunities in other countries

The suspension of trading in the securities of Lake Resource N.L. will be lifted, following the release by LKE of an announcement regarding a capital raising and LKE's amendment of a previous announcement.


The pre-feasibility study commences at Lake's Kachi Lithium Brine Project following securing of new investor support. Kachi project ranked amongst top 10 global lithium brine resources, comprising a large lithium brine-bearing basin over 20km long, 15km wide, and 400m to 800m deep with an Indicated and Inferred Resource of 4.4 Mt LCE (lithium carbonate equivalent) (Indicated 1.0Mt and Inferred 3.4Mt). Phase 1 engineering study has shown great potential for operating costs in the lowest cost quartile of US$2600/t LCE, using a direct extraction technique, which has shown 85-90% recoveries and lithium brine concentrations in excess of 25,000 mg/L lithium.


Bonus Options will be issued for nil consideration to Eligible Shareholders at a ratio of one (1) free Bonus Option for every seven (7) shares held at 5:00 pm (Sydney time) on the Record Date (indicatively 17 April 2019). Bonus Options will have an exercise price $0.04 each, expiring on 15 June 2019 and, if exercised, will result in the issue of a second option and each Additional Option will have an exercise price $0.10 each, expiring on 15 June 2021 and Lake intends to seek approval to list and trade the Additional Options on the ASX.


The securities of Lake Resources N.L. will be suspended from quotation immediately under Listing Rule 17.2, at the request of LKE, pending the release of an announcement regarding a material capital raising.


The suspension of trading of the options (ASX Codes: LKEO and LKEOA) of Lake Resources NL will be lifted immediately following the Company releasing an announcement, that certain options, expiring 27 August 2018 issued in error to the incorrect LKEO listed options class have been reversed and re-issued to the correct LKEOA listed options class. Further, ASX has determined that all trading on ASX in the Options on Monday 25 and Tuesday 26 June 2018 has been cancelled. Please refer to the following notice for further information.


The options (ASX Codes: LKEO and LKEOA) of Lake Resources N.L will be suspended immediately, pending the release of an announcement by the Company.


listed entity carried for record purposes only


ASX Announcements (courtesy of ASX)


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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    04/07/2018Stuart Crow533,244$0.055$29,328
    02/07/2018Stuart Crow50,000$0.091$4,550

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    Stuart CrowNon Exec Chairman15/11/2016
    Stephen PromnitzManaging Director15/11/2016
    Nicholas LindsayNon Exec Director19/07/2017

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Peter GilchristExecutive Director08/08/199719/07/2017
    Ross JohnstonChairman08/08/199715/11/2016
    James ClavarinoExecutive Director08/08/199715/11/2016

    Date of first appointment, title may have changed.