Lion Energy's response to ASX query letter

Lion Energy Limited (ASX:LIO) has responded to ASX's query letter dated 17 September 2024 regarding compliance with Listing Rule 15.7. The company provided detailed responses to specific queries related to the Summit presentation by Mr. Thomas Soulsby, the relevant market announcement, and the arrangements in place to ensure compliance with Listing Rule 15.7.

Executive Commentary on ASX Query Letter

The program at the Summit indicated that Mr. Soulsby would provide a presentation on hydrogen opportunities in South East Queensland, Lion's strategy for Brisbane, and the joint venture contemplated by the Development Agreement. The signing ceremony for the joint venture occurred immediately following the presentation, and the Announcement was promptly lodged and released. Lion acknowledged the premature disclosure of the 'JV' in the Display during the presentation and confirmed compliance with Listing Rules 3.1 and 15.7.

Summary of ASX Query Response

Lion Energy's response to the ASX query letter provided insights into the Summit presentation, the relevant market announcement, and the company's arrangements to ensure compliance with Listing Rule 15.7. The company confirmed compliance with Listing Rules 3.1 and 15.7 and emphasized the commitment to continuous disclosure obligations. Looking ahead, Lion Energy aims to maintain transparency and timely disclosure of material information to the market.