Lithium Energy : Presentation at Paydirt's 2022 Battery Minerals Conference

Thursday, 7 April 2022

ASX Code:LEL

For personal use only

MARKET ANNOUNCEMENT

Presentation at Paydirt's 2022 Battery Minerals Conference

Lithium Energy Limited (ASX:LEL)(Lithium Energy or the Company) is pleased to announce its participation atPaydirt's 2022 Battery Minerals Conference,held on 6 and 7 April 2022 in Perth, Western Australia.

Executive Chairman, William Johnson, will be presenting on 7 April 2021 at 1:55 pm (AWST).

A copy of Lithium Energy's presentation is attached.

AUTHORISED FOR RELEASE - FOR FURTHER INFORMATION:

William Johnson	Victor Ho
Executive Chairman	Company Secretary
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ABOUTLITHIUM ENERGY LIMITED(ASX:LEL)

Lithium Energy Limitedis an ASX listed battery minerals company which is developing its flagshipSolaroz Lithium BrineProjectin Argentina and theBurke Graphite Projectin Queensland. The Solaroz Lithium Project (LEL:90%) comprises 12,000 hectares of highly prospective lithium mineral tenements located strategically within the Salar de Olaroz Basin in South America's "Lithium Triangle" in north-west Argentina. The Solaroz Lithium Project is directly adjacent to or principally surrounded by mineral tenements being developed into production by Allkem Limited (ASX/TSX:AKE)(formerly Orocobre Limited) and Lithium Americas Corporation (TSX/NYSE:LAC). The Burke Graphite Project (LEL:100%) contains a high grade graphite deposit and presents an opportunity to participate in the anticipated growth in demand for graphite and graphite related products. LEL was spun out of Strike Resources Limited (ASX:SRK)via a $9 million IPO; Strike remains a major (43%) shareholder of the Company.

ASX : LEL

www.lithiumenergy.com.au

LITHIUM ENERGY LIMITED

A.B.N. 94 647 135 108

Suite 1, Level 1, 680 Murray Street, West Perth, Western Australia 6005

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Lithium Energy - One of the Best Performing IPO's of 2021

ersonal use only

Fully Paid Ordinary Shares 80,010,000

Options (ex. Price: $0.30, $1.39) 17,500,000

Market Capitalisation (@ $1.00)Cash (as at 31 March 2022)

$80 Million

$7.1 Million

IPO Issue Price: 0.20

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Unique exposure to the two most important ingredients for Lithium-ion batteries: Lithium and Graphite

ersonal use only

• • Adjacent to and in same lithium brine basin as Allkem's (ASX/TSX:AKE) lithium production project (AKE Mkt. Cap: A$8.55 Billion) and Lithium Americas Corporation (NYSE/TSX:LAC)

• • Large tenement package (12,000 ha)

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• • Argentine Lithium Brine projects among lowest on global cost curve

• • High grade flake graphite deposit in low risk jurisdiction

• • Favourable testwork results for EV applications - further test work planned

• • Potential downstream anode production opportunities - proximity to emerging Townsville Battery Hub

• • Significant Exploration upside

Growth in electric vehicle (EV) sales is leading to substantial increase in demand for Lithium & Graphite

ersonal use only

1,000 KT

Source: Bloomberg NEF; Allkem

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