• Lake has commitments for a private placement of $2 million at $0.04 per share.
• Lake launches a Share Purchase Plan (SPP) to eligible shareholders to raise up to $1.5 million at $0.04 per share, the same price as the placement.
• Funds raised will be primarily used to fast track delivery of larger samples from the Kachi project pilot plant to offtakers and to close out the convertible securities facility.
• Updates will be provided over the coming weeks as the first larger samples are produced, together with advances in the pilot plant.
For more information, please refer to the attached PDF
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