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Cullen Resources Ltd raising funds for lithium in Finland

Published: 01:30 16 May 2016 BST

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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.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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