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Lotus Resources Ltd Company Logo

LTSRF
Lotus Resources Ltd

Ordinary Shares

0.15

-0.002

-1.32%

0.15 / 0.152 (99000 x 5000)

Real-Time Best Bid & Ask: 05:00pm 10/08/2025
Delayed (15 Min) Trade Data: 03:34pm 10/08/2025

Lotus Resources Ltd

Level 4

225 St Georges Terrace

Perth, WA 6000

Australia

Business Description
Lotus Resources Limited (ASX: LOT, OTCQX: LTSRF) is a leading Africa-focused advanced uranium player with significant scale and resources. Lotus is focused on creating value for its shareholders, its customers and the communities in which it operates, working with local communities to provide meaningful, lasting impact. Lotus is focused on our future. Lotus owns an 85% interest in the Kayelekera Uranium Project in Malawi, and 100% of the Letlhakane Uranium Project in Botswana. The Kayelekera Project hosts a current mineral resource of 51.1Mlbs U3O8, and historically produced ~11MIb of uranium between 2009 and 2014. The Company completed a positive Restart Definitive Study which has determined ...
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Financial Reporting
Reporting Status
International Reporting: ASX - Australian Securities Exchange
Audited Financials
Audited
Fiscal Year End
6/30
Company Officers & Contacts
Gregory Bittar
Managing Director

Silfia Tjan Morton
Asst. Secretary

David Batista
Advisor

David Batista has over 30 years of diversified capital markets experience as a principal investor, trader and investment banker, and founded Viriathus in 2007. Prior to founding Viriathus, he was a Managing Director at HPC Capital Management and was responsible for their New York Private Capital Markets activities. Previous to his work at HPC Capital, he was a Vice President of NASDAQ trading at SoundView Technology Group, a technology-focused research and trading boutique based in Old Greenwich Connecticut. David also spent three years as a senior NASDAQ trader at JW Charles Securities and its successor JW Genesis Securities in Boca Raton Florida. He began his professional career with Lehman Brothers in New York initially as an investment banking analyst, and subsequently began his trading career on Lehman's NASDAQ desk. He earned a Bachelor of Science Degree in Business Administration with a concentration in finance and a Certificate in international marketing from C.W. Post College.

Martin Arnot Stulpner
Head of IR, Officer

Hayden James Bartrop
Company Secretary, Other

Board of Directors
Michael Phillip Bowen
Chairman, Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Mr Bowen is a partner of the national law firm Thomson Geer. He practices primarily corporate, commercial and securities law with over 40 years of experience and emphasis on mergers, acquisitions, capital raisings and resources. He is also a Non-Executive Director of ASX listed company Omni Bridgeway Limited, where he is chair of the remuneration committee and a member of the audit and risk, corporate governance and nomination committees. Mr Bowen holds a Bachelor of Laws, Jurisprudence and Commerce from the University of Western Australia. He has been admitted as a barrister and solicitor of the Supreme Court of Western Australia since 1979 and is also admitted as a solicitor of the High Court of Australia. He is a Certified Public Accountant and member of the Australian Society of Accountants.

Gregory Bittar

Simon Hay
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Leanne Heywood
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
Service Providers
Accounting/Auditing Firm
RSM Australia Partners - Perth, WA (Australia)

Level 32 Exchange Tower,

2 The Esplande

Perth, WA 6000

Australia

Investment Bank
Viriathus Capital LLC

801 Brickell Avenue,

8th Floor

Miami, FL 33131

Investor Relations/Marketing/Communications
Viriathus Capital LLC

801 Brickell Avenue,

8th Floor

Miami, FL 33131

Investor Relations/Marketing/Communications
NWR Communications

Level 6, 350 Collins Street

Melbourne, VA 3000

Australia

Profile Data
Joined OTCQX
05/2024
SIC - Industry Classification
1000 - Metal Mining
Incorporation Information
WA, AU, 2006
Employees
65 as of 06/30/2024
Shell
No
Products and Services

Lotus Resources Limited (ASX: LOT, OTCQX: LTSRF) is a leading Africa-focused advanced uranium player with significant scale and resources. Lotus is focused on creating value for its shareholders, its customers and the communities in which it operates, working with local communities to provide meaningful, lasting impact. Lotus is focused on our future. Lotus owns an 85% interest in the Kayelekera Uranium Project in Malawi, and 100% of the Letlhakane Uranium Project in Botswana. The Kayelekera Project hosts a current mineral resource of 51.1Mlbs U3O8, and historically produced ~11MIb of uranium between 2009 and 2014. The Company completed a positive Restart Definitive Study which has determined an Ore Reserve of 23Mlbs U3O8 and demonstrated that Kayelekera as one of the lowest capital cost uranium projects globally whilst also having the ability to quickly recommence production. The Company is progressing the accelerated restart of Kayelekera with first production targeted for Q3 2025. The Letlhakane Project is a greenfield project which hosts a current mineral resource of 113.7Mlbs U3O8. It is in early-stage development project with a mining and environmental licence already in place. Lotus is undertaking a series of technical and engineering studies to optimise the mining and processing strategy for the project.

Company Facilities

The Company owns an 85% interest in the Kayelekera Uranium Project in Malawi. The Company owns a 100% interest in the Letlhakane Uranium Project in Botswana.

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Best Market
The Company Profile data was verified by the issuer within the previous 6 months.
This security is not a Penny Stock as defined in SEC Rule 240.3a51-1.
This company has certified to OTC Markets Group that it is eligible to rely on the exemption from registration under Securities and Exchange Act Rule 12g3-2(b).
The Company’s board of directors includes at least two Independent Directors.
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