Lithium Power International Limited (LPI) announced that its Managing Director and CEO, Mr. Martin Holland, is departing the business. Mr. Holland has resigned his directorship of LPI effective May 24, 2018 and will remain in the role of CEO until 30 June 2018. There will be no impact on the day-to-day operations and development of the Company's Maricunga Project in Chile, which continues to be managed by Santiago-based Mr. Cristobal Garcia- Huidobro, the CEO of the joint venture company, Minera Salar Blanco SA.

The Maricunga Project remains on track to deliver a Definitive Feasibility Study by the end of 2018.