Share Purchase Plan - Closing Date Reminder
Building a Lithium Future
ASX ANNOUNCEMENT AND MEDIA RELEASE
9 April 2024
SHARE PURCHASE PLAN – REMINDER OF
CLOSING DATE
Lithium Universe Limited ("Lithium Universe" or the "Company," ASX: "LU7") reminds eligible shareholders that
further to its announcement dated 27 March 2024 (ASX release: “Extension to Share Purchase Plan”), the
Company’s Share Purchase Plan (SPP) will close on Wednesday, 10 April 2024 at 5:00 pm AWST (Closing
Date).
The Company would like to thank those eligible shareholders who have already submitted their applications for
the SPP and encourages all remaining eligible shareholders to participate prior to the Closing Date.
Video update of the Company’s Share Purchase Plan by CEO,
Alex Hanly: https://investorhub.lithiumuniverse.com/link/XyOZvP
For those eligible shareholders who wish to participate in the Company’s SPP, the following options are available
for use:
I have an online account with http://investor.automic.com.au
Automic
• Select “Existing Users Sign In”.
• Once you have successfully signed in, click on “Documents and
Statements”.
• Download the SPP Booklet, SPP Prospectus and Application Form.
• Submit your payment using the payment details provided on your
Application Form.
• Do not return your Application Form.
I don’t have an online account https://investor.automic.com.au/#/signup
with Automic – but wish to
• Select “Lithium Universe Limited” from the dropdown list in the
register for one
“Company Name or code” field and follow the prompts.
Once you have successfully signed in, click on “Documents and
Statements” to download the SPP Booklet, SPP Prospectus and
Application Form.
• Submit your payment using the payment details provided on your
Application Form.
• Do not return your Application Form.
Lithium Universe Limited
ASX:LU7
ABN 22 148 878 782
Suite 9, 295 Rokeby Road,
Subiaco, WA 6008,
Australia
Telephone: +61 2 8046 2799
e-mail: info@lithiumuniverse.com
Website: www.lithiumuniverse.com
Further information on the SPP can be found within the Company’s website at:
https://investorhub.lithiumuniverse.com/investment-offer/9. Should eligible shareholders have any questions in
participating in the Company’s SPP, please contact the Company’s Joint Company Secretary, Kurt Laney, at
kurt.laney@vfassociates.com.au
Lithium Universe Interactive Investor Hub
Engage with Lithium Universe directly by asking questions, watching video summaries and seeing what other
shareholders have to say about this, as well as past announcements, at our Investor Hub
https://investorhub.lithiumuniverse.com/
Authorised for release
Authorised by the Chairman of Lithium Universe Limited, Iggy Tan.
For more information, please contact:
Alex Hanly
Chief Executive Officer
Lithium Universe Limited
Email: info@lithiumuniverse.com
Iggy Tan
Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com
Forward-looking Statements
The Company wishes to remind investors that the presence of pegmatite does not necessarily equate to spodumene mineralization. Also that the
presence of pegmatite and spodumene mineralization on nearby tenements does not necessarily equate to the occurrence on Lithium Universe
Limited’s tenements. This announcement contains forward-looking statements which are identified by words such as ‘anticipates’, ‘forecasts’, ‘may’,
‘will’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, ‘plan’ or ‘intends’ and other similar words that involve risks and uncertainties. Indications of,
and guidelines or outlook on, future earnings, distributions or financial position or performance and targets, estimates and assumptions in respect
of production, prices, operating costs, results, capital expenditures, reserves and resources are also forward looking statements. These statements
are based on an assessment of present economic and operating conditions, and on a number of assumptions and estimates regarding future
events and actions that, while considered reasonable as at the date of this announcement and are expected to take place, are inherently subject to
significant technical, business, economic, competitive, political and social uncertainties and contingencies. Such forward-looking statements are not
guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which
are beyond the control of our Company, the Directors and management. We cannot and do not give any assurance that the results, performance or
achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and readers are
cautioned not to place undue reliance on these forward-looking statements. These forward looking statements are subject to various risk factors
that could cause actual events or results to differ materially from the events or results estimated, expressed or anticipated in these statements.
Lithium Universe Limited
ASX:LU7
ABN 22 148 878 782
Suite 9, 295 Rokeby Road,
Subiaco, WA 6008,
Australia
Telephone: +61 2 8046 2799
e-mail: info@lithiumuniverse.com
Website: www.lithiumuniverse.com
About Lithium Universe Limited (ASX:LU7)
LU7's main objective is to establish itself as a prominent Lithium project builder by prioritizing swift and successful development of Lithium projects.
Instead of exploring for the sake of exploration, LU7's mission is to quickly obtain a resource and construct a spodumene-producing mine in Québec,
Canada. Unlike many other Lithium exploration companies, LU7 possesses the essential expertise and skill to develop and construct profitable
projects. Additionally, Lithium Universe Limited has access to significant Lithium opportunities in Tier 1 mining jurisdictions in Canada and Australia.
Tier 1 Lithium Inventory
Apollo Lithium Project (80%)
Commanding a land position spanning over 240 km2, Apollo is located in the same greenstone belt and only 29 kilometres south-east of the Corvette
Lithium Project owned by Patriot Battery Metals (market cap of over A$1.4 billion). Patriot's most successful drill result was a remarkable 156 meters
at 2.12% Li2O at CV5. Similarly, 28 kilometres to the east, Winsome Resources Limited (market capitalization of over A$300 million) recently
announced drilling hits of 107 meters at 1.34% Li2O from 2.3 meters (AD-22-005) at their Adina Project. Apollo has 17 pegmatite outcrops reported
on the tenement package. Given the exceptional results from these neighbouring projects, the Apollo Lithium Project has the potential to be equally
successful.
Adina South & Adina West Lithium Project (80%)
The project is situated in close proximity to the Adina discovery, which is owned by Winsome Resources, a Company with a Market Capitalisation
of over A$300m in the market. The Adina Project has produced a visual pegmatite intersection of over 160m in drills, lying beneath outcropping
4.89% Li2O. Recently, Winsome Resources reported successful drilling results, with AD-22-005 yielding 107m at 1.34% Li2O from 2.3m at their
Adina Project. The Adina South & Adina West Lithium Project boasts one of the largest prospective land holdings near Winsome Resources Limited.
Aerial satellite images have revealed similar pegmatite occurrences at the surface.
Margot Lake Lithium Project (80%)
The Margot Lake project is located in north-western Ontario, in the premium lithium mineral district of Ontario’s Great Lakes region. The project is
situated 16km southeast of Frontier Lithium’s (TSX-V: FL) PAK Deposit, which contains 9.3Mt at 2.0% Li2O, and 18km away from Frontier’s Spark
Deposit, which contains 32.5Mt at 1.4% Li2O. The tenement contains nine confirmed and mapped pegmatites and is located in a highly competitive
district due to recent major discoveries of lithium. Frontier Lithium, with a market capitalization more than CAD$450 million, is a significant player in
the region.
Lefroy Lithium Project (100%)
Lefroy is in the mineral-rich Goldfields region of Western Australia. This strategically located project is in close proximity to the Bald Hill Lithium
Mine, which has a top-quality spodumene concentrate with low levels of mica and iron, as well as significant tantalum by-product production. The
Bald Hill mine has a resource of 26.5 million tonnes at 1.00% Li2O. The Lefroy project is also located near the Mt. Marion Lithium Mine, which is
owned by Mineral Resources and has a market capitalization of A$17B. Mt. Marion produces 900,000 tonnes of mixed-grade spodumene
concentrate annually and is approximately 60 kilometres from the Lefroy project.
Voyager Rare Earth Project (80%)
The Voyager project is north tenements are positioned between ABx Group tenures, where clay-hosted rare earth elements (REE) and niobium
have been discovered and hold resources of 27Mt. These areas are analogous with Ionic Adsorption Clay (IAC) deposits that have produced REE
in southern China using simple leaching. ABx stated that early testwork indications show their rare earth elements are easily leached and could be
concentrated at low cost, with no deleterious elements. Geological mapping of Voyager's tenures indicates the presence of various areas of clay
and bauxite, which is the ideal geological environment for the occurrence of rare earth elements.
Lithium Universe Limited
ASX:LU7
ABN 22 148 878 782
Suite 9, 295 Rokeby Road,
Subiaco, WA 6008,
Australia
Telephone: +61 2 8046 2799
e-mail: info@lithiumuniverse.com
Website: www.lithiumuniverse.com
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