Settlement of Tranche 2 Share Placement and Listed Options

• Successful settlement of Tranche 2 share placement raising $0.05 million
• 14,727,858 shares issued at A$0.0035 per share
• 156,285,715 listed options issued with expiry date 7 August 2028
• Shares and options eligible for immediate trading

Lithium Universe Ltd (ASX:LU7) has successfully completed the second tranche of its share placement, raising A$51,548 before costs. The placement involved issuing 14,727,858 shares at A$0.0035 per share, with an additional 15,428,572 shares issued to 62 Capital in satisfaction of fees. The company also issued 156,285,715 listed options with an expiry date of 7 August 2028 and an exercise price of A$0.008 per option. These options are trading under the ASX code LU7OB. The shares and options are now eligible for immediate trading without any on-sale restrictions.