re: LLKKF

quote:

---

After a little more DD on $CYDVF I will be selling off my entire position in LLKKF and putting it all there

---

I have both and done well so far. I may exit llkkf before the 20th. Not sure how the option bonus will impact stock price. I'll buy back later if price is right.

quote:

---

CYDVF

---

Up 15% this a.m.

That and LLKKF my only green today

Just checked Fidelity Account this morning. Can you help a noob understand what I'm reading?

quote:

---

Corporate actions summary
Companies you've invested in are making changes that may affect your accounts. If you decide not to provide instructions after reviewing the details, no action is needed—but your securities may still be affected in some cases.

Learn more about corporate action event types

My corporate actions
LAKE RESOURCES NL -
ZZE996249

Expiring warrant : Open for review

Special conditions and restrictions apply. See terms for details.

Upcoming cutoff date: 10/08/2021 7:00 PM ET

Offer details

Additional information
Early participation payments
Be sure to read the offer details. Taking action early may benefit you.

Have you provided instructions?
To view them, visit Activity and Orders.

The information provided herein has been independently obtained or developed by various third-party firms through sources believed to be reliable. However, the accuracy, completeness and/or timeliness of the information is not guaranteed by Fidelity. Dates and terms provided are subject to change at the issuer's discretion. Your use of this information constitutes your agreement that Fidelity shall have no liability for the accuracy, completeness or timeliness of the information or for any decision made or action taken by you in reliance upon the information. Proration may apply and affect the payout for any corporate action. The information reflected may not represent all outstanding or available corporate actions available for you to participate in.

Securities moved within and between accounts might not be updated until the following business day. Unsettled shares might not be reflected in your eligible positions.

Instructions up until the cutoff date may not be guaranteed, and instructions within the best efforts window are not guaranteed. If the cutoff date has passed, any instructions submitted may not be accepted. Please note that there may be multiple cutoff dates associated with your corporate action.

If you choose not to participate, your accounts may still be impacted. Additional tax implications beyond those disclosed in the terms may apply.

---

quote:

---

Expiring warrant for LAKE RESOURCES NL -
Status: Open for review
This offer involves securities you own. Please review the terms carefully before choosing whether or not to participate. No action is required, but your securities may still be affected.

What's a corporate action?

Offer highlights
Timeline
Cutoff date

10/08/2021 7:00 PM ET

Expiration date

10/12/2021 3:00 PM ET

Security details
Offered by

LAKE RESOURCES NL

Security type

Warrants

CUSIP

ZZE996249

The information provided herein has been independently obtained or developed by various third-party firms through sources believed to be reliable. However, the accuracy, completeness or timeliness of the information is not guaranteed by Fidelity.

Offer terms
Latest Update:09/15/2021 12:47 PM ET
CUTOFF DATE: 10/08/2021 7:00 PM ET
EXPIRATION DATE: 10/12/2021 3:00 PM ET
* Only residents of Australia, New Zealand, the United Kingdom, Jersey, the
Netherlands, the Republic of Ireland, Argentina, Indonesia, Pakistan, Hong Kong
and Singapore are eligible to participate in this offer. For all other holders,
this is being announced for informational purposes only .*

Lake Resources NL has announced a Bonus Option offer to eligible holders of
their ordinary shares Cusip Q5431K105.
You received one (1) Bonus Option for every ten (10) shares held as of the
record date, 08/24/2021. One (1) option exercised will entitle you to purchase
one (1) fully paid ordinary share at a exercise price of AUD 0.35 (which was
approximately $0.26 U.S. Dollars as of 09/15/2021) per share.

Each option, when exercised will result in the issue of a second option
(additional options). Each option is exercisable at AUD 0.75 anytime up to
expiration, 06/15/2022.

All options exercised are irrevocable.

Please note: participating accounts that are not enabled for foreign currency
will have the U.S. Dollar equivalent of the exercise fee charged to their
account. The exact amount of U.S. Dollars is subject to foreign exchange (FX)
fluctuations.

---

I do not currently have options trading on my account. I'm trying to make sense of this but I'm relatively new to investing and recently started researching options before this popped up.

Thanks for any light you can shine on it!

My fidelity account reflects that

quote:

---

[I] received one (1) Bonus Option for every ten (10) shares held as of the record date, 08/24/2021.

---

I hold 1k and received 100 shares. So that would apply to me but, what does it mean?