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Lithium Energy Limited Rectifies Oversight in Director’s Interest Notice

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Lithium Energy Limited Rectifies Oversight in Director’s Interest Notice

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The latest announcement is out from Lithium Energy Ltd. ( (AU:LEL) ).

Lithium Energy Limited announced a change in the director’s interest as Peter Smith’s 500,000 executive options lapsed on expiry. The company acknowledged a delay in notifying the ASX about this change due to an oversight, which has since been rectified. The company has reinforced its internal procedures to ensure compliance with ASX listing rules, emphasizing that this was an isolated incident and that their current practices are sufficient to prevent future occurrences.

More about Lithium Energy Ltd.

Lithium Energy Limited is a company operating in the energy sector, focusing on the exploration and development of lithium resources. The company is listed on the Australian Securities Exchange (ASX:LEL) and is involved in the production of lithium, a key component in battery technology, which is crucial for the growing electric vehicle market and renewable energy storage solutions.

Technical Sentiment Signal: Sell

Current Market Cap: A$41.44M

Learn more about LEL stock on TipRanks’ Stock Analysis page.

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