Lion Energy Limited (ASX: LIO – the “Company” or “Lion”) has today issued and allotted 3,021,607
fully paid ordinary shares to consultants in lieu of cash payment for services provided to the
Company.
Below is the applicable Cleansing Notice.
Secondary Trading Exemption:
The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under
Section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall
within the exemption in section 708A(5) of the Act.
The Company hereby notifies the ASX under paragraph 708(A)(5)(e) of the Act that:
a) The Company issued the Securities without disclosure to investors under Part 6D.2 of the
Act;
b) As at the date of this notice the Company has complied with the provisions of Chapter 2M
of the Act as they apply to the Company, and section 674 and 674A of the Act; and
c) As at the date of this notice there is no information:
i) that has been excluded from a continuous disclosure notice in accordance with the
Listing Rules; and
ii) that investors and their professional advisors would reasonably require for the purpose
of making an informed assessment of:
(1) The assets and liabilities, financial position and performance, profits and losses and
prospects of the Company; or
(2) The rights and liabilities attaching to the Securities.
For and on behalf of the board of
Lion Energy Limited
Arron Canicais
Company Secretary