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Lake Resources NL (ASX:LKE)

ALERT: Price-sensitive ASX Announcement for LKE
Current share price for LKE : $0.041 -0.016 (-28.07%)+
Announcement
Release
12 Aug 2026 8:25AM
Price at Release
$0.057
Full Release
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Summary
Lake Resources N.L. announced an A$1.1 million at-the-market raise through its At-the-Market Subscription Agreement with Acuity Capital. This involved issuing 26,500,000 fully paid ordinary shares at A$0.0415 each, representing a 7.6% discount to the 15-trading day VWAP. The funds will be used for operating and corporate expenditures, particularly to support advancements in the Kachi Project, such as the Environmental Impact Assessment and optimization of power solutions. The transaction is set for completion on 12 August 2026.
Key Points
  • A$1.1 million at-the-market raise announced.
  • 26,500,000 shares issued at A$0.0415 per share.
  • 7.6% discount to 15-trading day VWAP.
  • Funds to support Kachi Project advancements.
  • Completion of transaction expected on 12 August 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.