The trading halt will remain in place until the beginning of trade on Tuesday, November 12, or when an announcement is made to market – whichever occurs earliest.
Shares last traded at 4.3 cents after reaching 4.8 cents earlier this week.
Manono environmental and social impact studies
Earlier this month the company started environmental and social impact studies at the tier-one Manono Lithium and Tin Project in the Democratic Republic of Congo.
EmiAfrica has been appointed to carry out these studies, which form part of the formal process for AVZ to obtain mining permits.
Consultants from EmiAfrica, along with senior members of AVZ’s technical team have started meeting with local chiefs and dignitaries to appraise them of the company’s intentions to mine the Roche Dure deposit at Manono.