ASX : LTR
ABN 39 118 153 825
ASX ANNOUNCEMENT 3 JULY 2017
Tanzanian Natural Resources Legislative Changes
Liontown Resources Limited ("Liontown" or "the Company") notes the publication of draft legislation which will amend the legal framework governing the natural resources sector in Tanzania.
Links to the draft legislation can be found on Liontown's website here.
These changes will be debated by the Tanzanian Parliament in an extended parliamentary session this week.
Liontown will seek professional advice on the proposed changes; however, while the ramifications are yet to be fully assessed they are expected to have limited impact on the Company due to its decision in 2016 to focus on spodumene-related lithium projects in Australia.
The Australian lithium projects include Kathleen Valley in Western Australia and Bynoe in the Northern Territory where the Company is following up significant results recorded in recent drilling.
Further updates on the effects of the proposed legislative changes to the Company's Tanzanian projects will be provided when appropriate.
Managing Director 3 July 2017
Liontown Resources Limited, Level 2, 1292 Hay Street, West Perth, Western Australia 6005 T: +618 9322 7431 F: +618 9322 5800 E: firstname.lastname@example.org www.ltresources.com.au
Liontown Resources Limited published this content on 03 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 July 2017 08:44:07 UTC.