Salt Lake Potash Limited (“the Company”) today released the following announcement on the Australian Securities Exchange (“ASX”), as required under the listing rules of the ASX.

The 29,035,714 million ordinary shares in the Company (“Ordinary Shares”) issued today form part of the first tranche of the placement to institutional and sophisticated investors of 31.0 million  shares at an issue price of A$0.42 per share, to raise gross proceeds of A$13.0 million, announced 9 November 2018. The balance of the first tranche, being 214,286 shares, is expected to be issued next week.

                For further information please visit www.saltlakepotash.com.au or contact:

Clint McGhie

Salt Lake Potash Limited

Tel: +61 8 9322 6322

Colin Aaronson/Richard Tonthat/Ben Roberts

Grant Thornton UK LLP (Nominated Adviser)

Tel: +44 (0)207 383 5100

For the full Appendix 3B announcement, link here