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Cullen Resources Ltd raising funds for lithium in Finland

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Cullen Resources Ltd (ASX:CUL) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

Recently the company lodged a Reservation Notification application of 440 square kilometres in the Central Ostrobothnia lithium province of Finland in the name of its Finnish subsidiary company – Cullen Finland Oy.

The halt will remain in place until the opening of trade on Wednesday 18th May 2016, or earlier if an announcement is made to the market.

 

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Quick facts: Cullen Resources Ltd

Price: 0.013 AUD

ASX:CUL
Market: ASX
Market Cap: $2.46 m
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