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Asia

Lake Resources Secures AU$3 Million Through Acuity Capital Share Placement

Lake Resources (ASX:LKE) secured AU$3 million through its at-the-market subscription agreement with Acuity Capital, agreeing to issue 67.5 million fully paid ordinary shares at AU$0.0445 each, a 4.6% premium to its 15-day volume-weighted average price, according to an Australian bourse filing on Thursday after market hours.The funds will be used for operating and general corporate expenditures to advance activities at Lake's Kachi Project, including the optimization of commercial power solutions, continuation of strategic processes, and commencement of front-end engineering and design for the construction phase, per the filing.The funds are expected to be paid on Friday, the filing said.

ASX:LKE
Asia

Lake Resources to Raise Over AU$1 Million Via At-the-Market Subscription Agreement With Acuity Capital; Shares Down 12%

Lake Resources (ASX:LKE) agreed to issue 26.5 million ordinary shares to Acuity Capital for AU$0.0415 per share to raise AU$1.1 million, inclusive of costs, according to a Wednesday filing with the Australian bourse.The company is using its at-the-market subscription agreement with Acuity to raise the funds, which will be used for operating and general corporate expenditures to advance activities related to Lake's Kachi project in Argentina.The payment of the funds is expected on Wednesday.Lake Resources shares fell 12% in recent Wednesday trade.

ASX:LKE
Asia

Lake Resources Says Argentine Provincial Authorities Launch Public Consultation for Flagship Project; Shares Gain 5%

Lake Resources (ASX:LKE) said authorities in the Argentine province of Catamarca initiated a statutory public consultation phase for the company's flagship Kachi lithium brine project, according to a Monday filing with the Australian bourse.The public consultation is expected to conclude at the end of August, representing the final administrative stage of the environmental impact assessment approval process.The issuance of the environmental impact declaration, or the formal decision approving the project from an environmental perspective, is expected by the end of September, per the filing.Lake Resources shares gained 5% in recent Monday trade.

ASX:LKE
Asia

Lake Resources Raising Nearly AU$4 Million Through At-the-Market Subscription Deal With Acuity Capital; Shares Gain 5%

Lake Resources (ASX:LKE) is raising AU$3.8 million through the issuance of 63.5 million ordinary shares to Acuity Capital at a price of AU$0.06 per share, according to a Monday filing with the Australian bourse.The company said it will issue the shares under its at-the-market subscription agreement with Acuity.Payment of the funds is expected on Monday, and the proceeds will be used for operating and general corporate expenditures to progress activities related to the company's Kachi project in Argentina, per the filing.Lake Resources shares gained 5% in recent Monday trade.

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