European Lithium Limited (ASX:EUR) Responds to ASX Inquiry
Response to ASX Price and Volume Query
European Lithium Limited (ASX:EUR) has confirmed its compliance with ASX listing rules following an inquiry relating to significant trading activity. The price of EUR’s securities rose from $0.026 on 26 November 2024 to $0.063 as of 3 December 2024, alongside increased trading volume.
In a response to the ASX, EUR addressed several questions posed regarding any undisclosed information that might explain this trading pattern. The company firmly stated it is not aware of any material information that has not been publicly announced, indicating no reliance on Listing Rule 3.1A for non-disclosure.
Board Approval of Responses
The company’s responses to ASX’s inquiries have been duly approved by the board. Tony Sage, Executive Chairman of European Lithium Limited, assured that all measures are in accordance with the company’s continuous disclosure obligations, reaffirming EUR’s commitment to compliance with ASX regulations.
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