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European Lithium to reveal term sheet with producer

The halt will remain in place until Monday 15th May 2017.

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The company is focused on the Wolfsberg Lithium Project in Austria

European Lithium (ASX:EUR) has been granted a trading halt by the ASX, pending details regarding the execution of a binding terms sheet with a lithium producer.

The halt will remain in place until the opening of trade on Monday 15th May 2017, or earlier if an announcement is made to the market.

Quick facts: European Lithium Ltd

Price: 0.086 AUD

ASX:EUR
Market: ASX
Market Cap: $50.5 m
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