European Lithium (ASX:EUR) is the first Australian company to be admitted to the Vienna Stock Exchange (VSE) located in the central European country of Austria.
Shares will trade on the VSE under the ticker ELI with trading expected to commence on 9 October 2017.
Admission to the VSE is an important milestone for the company and is designed to increase exposure to European investors.
The VSE listing allows Austrian institutions and private wealth clients that previously have been excluded from investing in the Australian listed company to now do so.
Tony Sage, chairman, commented: “The listing provides a huge benefit to the company as it allows us to source new shareholders from this very wealthy constituency.
“The VSE is one of the oldest stock exchanges in the world and we expect the dual listing will deliver enhanced liquidity and greater access to capital by increasing the exposure of our world class Wolfsberg project to potential investors.”