Expressions of Interest Sought for the Recapitalisation and/or Sale of the Assets of Lepidico Limited

The voluntary administrators are seeking urgent expressions of interest for either the recapitalisation of Lepidico Limited (Administrators Appointed) (ASX: LPD) and/or its subsidiaries and/or sale of its assets.

Lepidico is ASX listed with five Australian subsidiaries that owns intellectual property relating to hydrometallurgical technologies which includes L-MAX and L0H Max.

Lepidico also owns an indirect 80% interest in a Namibian subsidiary that owns the Karbib Lithium Project (which includes the Helikon and Rubikon mines) in Namibia.