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Cape Lambert Resources Limited

Cape Lambert Resources enters trading halt ahead of Kipushi update

The Kipushi Cobalt-Copper Project is located in the Democratic Republic of Congo (DRC).

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A number of board and management members purchased company shares in 2018

Cape Lambert Resources Ltd (ASX:CFE) has been granted a trading halt by the ASX pending an announcement regarding its Kipushi Cobalt-Copper Project.

Shares in the company will remain halted until the earlier of either the release of relevant information, or, the commencement of trading on Tuesday, January 8, 2019.

READ: Cape Lambert Resources close to securing EPCF provider to build cobalt-copper project for free

Cape Lambert aims to fast-track its Kipushi Cobalt-Copper Tailings Project into production.

Earlier in December 2018, Cape Lambert took a step towards production with the strong possibility of securing an EPCF provider to fund and develop the project.

Quick facts: Cape Lambert Resources Limited

Price: $0.01

Market: ASX
Market Cap: $5.29 m
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Cape Lambert Resources posts maiden JORC resource for Kipushi Cobalt-Copper...

Cape Lambert Resources Ltd (ASX:CFE) executive director Tony Sage updates Proactive Investors on the company's maiden JORC-compliant resource for its Kipushi Tailings Project in the Democratic Republic of Congo.   Sage says the maiden resource "validates" the company's entry into...

on 8/5/19

2 min read