LKE.ASX: A$1.575 Million At-the-Market Facility Raise

A$1.575 Million At-the-Market Facility Raise

Stock	Lake Resources N.L. (LKE.ASX)
Release Time	18 Aug 2025, 3:47 p.m.
Price Sensitive	Yes

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A$1.575 Million At-the-Market Facility Raise

Key Points

Lake Resources raises A$1.575 million through At-the-Market Facility
Funds to be used for operating and general corporate expenditures for Kachi Project
Shares issued at A$0.0384, representing a 6.3% discount to 15-trading day VWAP

Full Summary

Lake Resources N.L. (ASX: LKE, OTC: LLKKF) has announced that it has utilised its At-the-Market Subscription Agreement ('ATM') with Acuity Capital to raise A$1,575,000 (inclusive of costs). The company has agreed to issue 41,000,000 fully paid ordinary LKE.ASX shares to Acuity Capital at an issue price of A$0.0384 per share, subject to shareholder approval. The issue price represents a discount of 6.3% to the 15-trading day VWAP of A$0.0410 to 13 August 2025 (inclusive). The funds raised will be used for operating and general corporate expenditures to continue progressing multiple activities in relation to Lake's Kachi Project, including the Exploitation Environmental Impact Assessment, optimisation of commercial power solutions, and the strategic alternatives process. Settlement of the transaction occurred on 15 August 2025.