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American Pacific Borate & Lithium enters trading halt pending financing news

ABR continues to progress the Fort Cady Borate Project in southern California.

American Pacific Borate & Lithium Ltd - American Pacific Borate & Lithium enters trading halt pending financing news
On track to begin construction in Q4

American Pacific Borate & Lithium Ltd (ASX:ABR) has been granted a trading halt by the ASX pending an announcement in relation to the financing of the Fort Cady Borate Project.

The trading halt will remain in place until the start of trading on Tuesday, August 27, 2019, or when an announcement is made to the market, whichever occurs earliest.

On track to begin Fort Cady construction in Q4

ABR continues to progress the Fort Cady Borate Project in southern California with basic engineering nearing completion as it aims to begin construction in the final quarter of 2019.

Utah-based Millcreek Engineering is undertake the basic engineering work which is expected to be completed in August 2019 with the intention of quickly moving into detailed engineering to ensure construction timelines can be met.

Quick facts: American Pacific Borates Ltd

Price: 0.3 AUD

ASX:ABR
Market: ASX
Market Cap: $62.73 m
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