Cape Lambert Resources Ltd. 12/05/2016 | Press release |...

Cape Lambert Resources Ltd.
12/05/2016 | Press release | Distributed by Public on 12/05/2016 01:49
European Lithium to list on ASX
4f9a6e16-2aa8-43ca-a7a6-8b8e8130294a.pdf
ASX Announcement
12 May 2016
European Lithium to list on ASX

Further to the announcement released by Cape Lambert Resources Limited (ASX: CFE) (Cape Lambert or the Company) on 11 May 2016, the Company has been requested by the ASX to provide further details on the
$6m value included in the quote made by Cape Lambert's Executive
Chairman Mr Tony Sage.
The value is calculated as follows:

	Column 1	Column 2
0	Description	Total
1	Number of PNE Shares on Issue	73,044,750
2	Shares to be issued to ELL Shareholders (Including milestone shares)	250,000,000
3	Total	323,044,750
4	Current PNE trading price	$0.083
5	Market Capitalisation	26,812,714
6	CFE shareholding in ELL	26.2%
7	Proposed Value	7,024,931
8	Conservatively Reported	6,000,000

Yours faithfully
Cape Lambert Resources Limited
Tony Sage
Executive Chairman
Cape Lambert Resources Limited (ASX: CFE) is a fully funded mineral development company with exposure to iron ore, copper, gold, uranium, manganese, lithium and lead-silver- zinc assets in Australia, Europe, Africa and South America.
Australian Securities Exchange
Code: CFE

Ordinary shares 720,686,586
Unlisted Options
7,675,000 ($0.088 exp 18 Dec 2016)
Board of Directors
Tony Sage Executive Chairman
Tim Turner
Non-executive Director
Jason Brewer
Non-executive Director
Melissa Chapman Company Secretary
Cape Lambert Contact
Investor Relations Phone: +61 8 9380 9555
Email: [email protected]
Australian Enquiries
Professional Public Relations David Tasker
Phone: +61 8 9388 0944
Mobile: +61 433 112 936
Email: [email protected]
www.capelam.com.au
Cape Lambert Resources Limited ABN 71 095 047 920
Corporate - 32 Harrogate Street, West Leederville WA 6007
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