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Lithium Australia in ASX trading halt

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Lithium Australia (ASX:LIT) has been granted a trading halt by the ASX, with its shares placed in pre-open.

The company said it requested the halt pending the appointment of consultants for scoping studies on lithium clays deposits on its Electra Project and lithium clays deposits in north-west Australia.

The halt will remain in place until the opening of trade on Tuesday 29th December 2015, or earlier if an announcement was made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Lithium Australia NL

Price: 0.13 AUD

ASX:LIT
Market: ASX
Market Cap: $116.63 m
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