Piedmont Lithium Ltd (ASX:PLL,OTC – Nasdaq International: PLLLY) was recently the first pure lithium play to join the NASDAQ.
This provides a larger pool of investors that will now be able to gain exposure to the Piedmont lithium project, which is located in an infrastructure-rich region of North Carolina.
Piedmont has been granted a trading halt by the ASX, pending details regarding a capital raising being managed by Foster Stockbroking.
The halt will remain in place until the opening of trade on Monday 30th October 2017, or earlier if an announcement is made to the market.