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European Lithium to raise funds for Wolfsberg project

The halt will remain in place until Thursday 8th June 2017.
European Lithium to raise funds for Wolfsberg project
European Lithium is preparing an updated resource

European Lithium (ASX:EUR) has been granted a trading halt by the ASX, pending details of a capital raising.

EUR is focussed on the wholly-owned Wolfsberg Lithium Project which has a JORC resource estimate of 6.3 million tonnes at 1.17% lithium oxide.

This resource is expected to swell from a pending update.

The halt will remain in place until the opening of trade on Thursday 8th June 2017, or earlier if an announcement is made to the market.

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European Lithium Ltd Timeline

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