European Lithium’s share price strengthens further on positive news flow
During October, European Lithium completed a placement raising $2.3 million.
Company
ASX:EUR
European Lithium Ltd (ASX:EUR) is listed on the Australian Securities Exchange.
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During October, European Lithium completed a placement raising $2.3 million.
Shares are trading up 35% over the past month to $0.068.
European Lithium will receive a consideration payment for the amended terms.
The company plans to fast-track a pre-feasibility study at its Wolfsberg Lithium Project in Austria.
The company remains focused on the Wolfsberg Lithium Project.
The pre-feasibility study will be funded by the recent $2.1 million placement.
European Lithium is the first Australian company to also be listed in Austria.
The funds raised will be used towards finalising the pre-feasibility study.
The company's Wolfsberg Lithium Project is located in Austria.
European Lithium remains focused on the Wolfsberg Lithium project.
EUR will allocate the funds to its Wolfsberg Lithium project in Austria.
European Lithium is fast-tracking the development of the Wolfsberg lithium project.
The company is fast-tracking the development of the Wolfsberg Lithium Project.
The company is fast-tracking the development of the Wolfsberg Lithium Project.
The halt will remain in place until Friday 7th July 2017.
The resource data will form the base of the upcoming pre-feasibility study.
The company is fast-tracking the development of the Wolfsberg Lithium Project.
Assays from two diamond holes at Zone 2 confirm lithium mineralisation.
The company is focused on fast-tracking a lithium mining operation at Wolfsberg.
The company expects up to receive $450,000 cash over the coming months.