European Lithium Ltd - Issue of Shares and Unlisted Options
RNS Number : 2852B
European Lithium Limited
29 January 2020
 

European Lithium Ltd

("European Lithium", "EUR" or "the Company")

Issue of Shares and Unlisted Options

European Lithium Limited (ASX:EUR, FRA:PF8, VSE:ELI, NEX:EUR) (the Company) advises that 8,333,333 fully paid shares (the Shares) have been issued to Winance as announced on 31 July 2019. The full announcement can be seen at: https://www.asx.com.au/asxpdf/20190731/pdf/4471c033cl8b6z.pdf.

 

In addition, 500,000 unlisted options exercisable at $0.10 each on or before 30 June 2020 have been issued to Winance as compensation for not issuing an event of default notice to the Company in respect to the Convertible Note Facility.

 

Application has been made for the Shares to be admitted to trading on NEX ("Admission"). Admission is expected to occur at 8:00am on or around 4th February 2020. Following Admission, the Company's issued share capital will comprise 627,557,626 ordinary shares of no par value, with each share carrying the right to one vote. The Company does not hold any ordinary shares in treasury.  The above figure of 627,557,626 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

 

The full ASX announcement can be seen at: https://www.asx.com.au/asx/share-price-research/company/EUR

 

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The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014

Visit the Company's website to find out more about the advanced Wolfsberg Lithium Project located in Austria.

For further information please contact:

European Lithium Ltd

+61 861 819 792

Tony Sage

info@europeanlithium.com

 

 

NEX Corporate Adviser

+44 207 220 1666

James Joyce


James Sinclair-Ford




 


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