Strategic Investment and Offtake Agreement with SK On

Lake Resources and SK On execute Conditional Framework Agreement (CFA) involving a 10 percent strategic investment in Lake Resources and offtake for up to 25,000tpa battery grade lithium (LCE) from Kachi Project subject to a set of conditions under the CFA. Offtake of up to 25,000 tonnes per annum of high purity lithium from the Kachi Project. •SK On to acquire 10 percent of Lake via strategic inv