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European Lithium debuts on NEX Exchange Growth Market in London today

The listing is expected to increase the company’s exposure and access to Europe-based investment markets.
Lithium sample from Wolfsberg
A sample from the company’s flagship Wolfsberg Lithium Project in Austria

European Lithium Ltd (ASX:EUR) (FRA:PF8) (VSE:ELI) (NEX:EUR) will begin trading on the London-based NEX Exchange Growth Market (NEX) today with the ticker EUR.

This follows the company’s successful application for admission to the NEX.

European Lithium expects the NEX Group growth market listing will increase its exposure and access to Europe-based investment markets.

READ: European Lithium Ltd plans NEX debut next week

Chairman Tony Sage said: “European Lithium is delighted to be joining NEX today, marking a significant milestone in the company’s journey to becoming Europe’s local lithium supplier.

“We believe this move creates an important opportunity for European investors, giving them greater access to the lithium sector amidst the global transition to electric vehicles.”

The company expects both its new listing and improved investor access will lead to better liquidity in the stock, which has its primary listing on the Australian Securities Exchange (ASX).

European Lithium’s securities also have secondary listings on the Frankfurt and Vienna stock markets.

READ: European Lithium makes steady progress in advancing Wolfsberg Lithium Project

The company’s wholly-owned flagship project is the Wolfsberg Lithium Project in Austria, 270 kilometres south of Vienna.

Wolfsberg has access to established rail and road infrastructure which could be used to distribute the company’s lithium to European markets.

The company has ambitions to become the continent’s first lithium producer with the project, supplying the battery metals input as European Union governments encourage the uptake of electric vehicles.

View full EUR profile View Profile

European Lithium Ltd Timeline

Big Picture
November 20 2018

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