Lithium Universe Ltd Appendix 4D & Part Once a year Document


Melbourne, Australia (ABN Newswire) – Throughout the June Quarter the Corporate introduced (ASX Announcement 29 Might 2023) that it had entered into 5 binding sale and buy agreements (“Acquisition Agreements”) for the purchase of lithium and uncommon earth initiatives.

Underneath the phrases of the Acquisition Agreements, upon delight of more than a few stipulations precedent, the Corporate would achieve:

a. an 80% pastime within the Apollo Lithium Undertaking, Adina South Undertaking, Adina West Undertaking and Margot Lake Undertaking (in combination, the Canadian Lithium Initiatives); and
b. an 80% pastime within the Voyager Undertaking and a 100% pastime within the Lefroy Undertaking (in combination, the Australian Initiatives), (jointly, the Proposed Acquisitions).

The Proposed Acquisitions would quantity to a vital alternate to the character and scale of the Corporate’s actions and as such, the Corporate used to be required to acquire shareholder approval below ASX Checklist Rule 11.1.2 at a normal assembly and re-comply with Chapters 1 and a pair of of the ASX Checklist Laws based on ASX Checklist Rule 11.1.3 (Re-compliance).

On final touch of the Transaction (Finishing touch), the Corporate will probably be reinstated as a varied explorer and developer with a focal point on lithium and uncommon earths. In step with this new route, the Corporate sought shareholder approval to switch its identify to ‘Lithium Universe Restricted’.

To help the Corporate to re-comply with Chapters 1 and a pair of of the ASX Checklist Laws, the Corporate deliberate, matter to acquiring shareholder approval, to adopt a public be offering of stocks below a complete shape prospectus (Prospectus) for the problem of as much as 225,000,000 totally paid abnormal stocks within the capital of the Corporate (Stocks) at a subject matter value of $0.02 consistent with Percentage to boost as much as $4,500,000 (Public Be offering). The Public Be offering will probably be undertaken on a post-Consolidation foundation.

*To view The entire record, please talk over with:

About Lithium Universe Ltd:

Lithium Universe Ltd (ASX:LU7), headed through trade path blazer, Iggy Tan, and the Lithium Galaxy group has a confirmed observe file of fast-tracking lithium initiatives, demonstrated through the a hit building of the Mt Cattlin spodumene venture for Galaxy Sources Restricted.

As an alternative of exploring for the sake of exploration, Lithium Universe‘s project is to briefly download a useful resource and assemble a spodumene-producing mine in Quebec, Canada. In contrast to many different Lithium exploration firms, Lithium Universe possesses the crucial experience and abilities to increase and assemble winning initiatives.

Lithium Universe Ltd

Alex Hanly
Leader Govt Officer
Lithium Universe Restricted
Tel: +61 448 418 725
E mail:

Iggy Tan
Lithium Universe Restricted
E mail:



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