Inventory Prepayment Facility and Export Permitting

Lotus Resources Limited (ASX: LOT, OTCQX: LTSRF) (Lotus or the Company) is pleased to announce it has agreed the key documents for the Mercuria marketing and inventory-backed prepayment agreement facility, and with approvals for the transportation of uranium product from Malawi, through Zambia to Namibia well progressed, provides an update on the current activities at the Kayelekera Uranium Mine.