Lepidico Ltd (ASX: $LPD) has confirmed that eligible Directors and Key Management, including the Chair, Managing Director, Chief Financial Officer, and General Manager - Geology, intend to fully participate in the Entitlement Offer in their personal capacity and through their respective superannuation funds and trusts. Additionally, they have confirmed their intention to apply for a short fall allocation.
The eligible Directors and Key Management of Lepidico Ltd (ASX: $LPD) are pleased to confirm their full participation in the Entitlement Offer, demonstrating their commitment to the company's growth and development. This participation reflects our confidence in the future prospects of the company and our belief in the success of the Entitlement Offer.
Lepidico Ltd (ASX: $LPD) has announced the confirmation of eligible Directors and Key Management's intention to fully participate in the Entitlement Offer, showcasing their dedication to the company's initiatives. This commitment underlines the confidence in Lepidico's future endeavors and signifies a positive outlook for the company's growth and development. The participation of key stakeholders in the Entitlement Offer aligns with Lepidico's strategic goals and emphasizes the collective vision for sustainable lithium production and the advancement of critical minerals. The company's Phase 1 Project, scheduled for commercial lithium production in 2026, is poised to make a significant contribution to the decarbonization of global alkali metals supply chains, further reinforcing Lepidico's position as an innovative leader in the industry. Additionally, the licensing of patented-protected technologies, L-Max® and LOH-Max, presents an avenue for potential royalty revenues, reflecting the company's multifaceted approach to sustainable growth and revenue generation.