Admission of shares to trading on AIM and ASX

Further to its announcement of 13 June 2017, Salt Lake Potash Limited (the "Company") announces that application has been made to the Australian Securities Exchange ("ASX") and the AIM market of the London Stock Exchange ("AIM") for a total of 10,300,000 new ordinary shares of no par value each ("Ordinary Shares"), which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on both ASX and AIM. These Ordinary Shares are issued pursuant to the placement with Australian investors, which was announced by the Company on 2 May 2017. Dealings on AIM are expected to commence at 8:00 a.m. on 21 June 2017 ("Admission").

Total voting rights

Following Admission, the Company's issued and voting share capital will comprise 175,007,596 Ordinary Shares. The Company does not hold any shares in treasury. This figure of 175,007,596 Ordinary Shares may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

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