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Lithium Power International Announces Investment Increased in Maricunga Brine Project in Chile

Highlights

- LPI acquires an additional 1% of the Chilean Joint Venture Company, Minera Salar Blanco S.A., (“MSB”) to now hold 51%

- Key MSB staff and contractors issued 1.8m LPI shares for services over the past two years

- Two new Chilean Directors appointed to LPI’s Board

Lithium Power International Limited (ASX: LPI) (“LPI” or “the Company”) is pleased to confirm it has finalised the acquisition of an additional 1% interest in the Maricunga Lithium Brine Project in Chile, bringing its interest to 51% as previously announced. The cost was ~AU$1.5 million, paid from current cash reserves.


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