June 7 (Reuters) - Australian Government Takeovers Panel:
* Australian Government Takeovers Panel says it has received application from Australian Securities And Investments Commission in relation to affairs of Lepidico Ltd
* Makes no comment on merits of application
* Sitting panel has not been appointed at this stage and no decision has been made whether to conduct proceedings
* Lepidico is currently the subject of an off-market takeover bid by Lithium Australia NL Source text for Eikon: Further company coverage: LIT.AX