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20.03.2019 – 17:59

European Lithium Limited

EANS-Adhoc: European Lithium Limited
Statement on OTS Announcement by Mag. Josef Wallner, Mayor of the Municipality of Deutschlandsberg from March, 20th 2019

  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

C.E.O. Interviews

West Leederville - With respect to the OTS announcement released by Mag. Josef
Wallner, mayor of the municipality of Deutschlandsberg with the German title
"Keine Einigung zu einer möglichen Trinkwassergefährdung zwischen European
Lithium und dem Wasserverband Koralm bzw. Deutschlandsberg" (No agreement
reached between European Lithium and the water association of Koralm /
Deutschlandsberg regarding a potential risk for drinking water) dated 20 March
2019, European Lithium would like to comment as follows:

European Lithium is surprised to read the aforementioned OTS announcement on
Europe Lithium's project, in which Mag. Josef Wallner, mayor of
Deutschlandsberg, points out that no mutually acceptable solution has been
reached with the community of Deutschlandsberg regarding the further procedure.
This statement is not true.

European Lithium wishes to point out that in a meeting on 26 November 2018, Mag.
Josef Wallner (mayor of the municipality of Deutschlandsberg) was informed by
CEO Dietrich Wanke that European Lithium seeks to make this issue as transparent
as possible.

European Lithium is fully committed to reporting to the municipality's
environmental committee as well as to the town council of Deutschlandsberg at
regular intervals and intends to include the committee in all procedural steps.

Furthermore, European Lithium wishes to emphasize that the company is in
possession of all hydrogeological expert opinions related to the ECM Lithium
Weinebene Project and testing and assessments are ongoing.

It is absolutely wrong that the quality of the drinking water provided to the
population of Deutschlandsberg is at risk. There is no basis to such an

The company reserves the right to seek legal remedy against the author of the
aforementioned OTS announcement.

Further inquiry note:
Dietrich Wanke
CEO European Lithium Limited

end of announcement                         euro adhoc

issuer:       European Lithium Limited
              32 Harrogate Street 
              A-WA6007 West Leederville
ISIN:         AU000000EUR7
stockmarkets: Frankfurt, Wien
language:     English

Original content of: European Lithium Limited, transmitted by news aktuell

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