Admission of Placement Shares

Salt Lake Potash Limited ("Salt Lake" or "the Company") has applied for the admission to trading on AIM of a 29,035,714 million ordinary shares in the Company ("Ordinary Shares") issued as part of the first tranche of the placement announced 9 November 2018. Admission of these Ordinary Shares is expected to take place on 19 November 2018

Application will be made for the admission of the balance of the first tranche, being 214,286 Ordinary Shares, with admission expected to take place on or around 22 November 2018.

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), following admission of the 29,035,714 million Ordinary Shares, Salt Lake will have 204,085,310 Ordinary Shares in issue with voting rights attached. Following the subsequent admission of 214,286 Ordinary Shares, the Company will have 204,299,596 Ordinary Shares in issue with voting rights attached. Salt Lake holds no shares in treasury. These figures of 204,085,310 and 204,299,596 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the ASX Listing Rules or the DTRs.

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