Perth, Australia-based Lithium Australia NL (ASX: LIT), aspiring to establish a circular battery economy, has announced its plans to conduct an auction of up to 136,286,617 LITCE shares, credited as paid to $ 0.0101 per share and unpaid $ 0.0499 per share due to non-payment of a call on these LITCE shares. The auction would be held at Lithium Australia’s Office at Level 1, 675 Murray Street West Perth WA 6005, at 10.00am (WST) on Monday, 11 May 2020.
LITCE shareholders also applied for 545,862 LITCF taking the LITCF total to 35,630,301 LITCF.