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10.05.2019 – 09:28

European Lithium Limited

EANS-Adhoc: European Lithium Limited
Capita Raise

  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.

Capital Measures

West Leederville - European Lithium Limited (ASX:EUR, FRA:PF8, VSE:ELI, NEX:
EUR)(the Company) is pleased to announce that it will be undertaking a
placement, mainly to European based sophisticated investors, at an issue price
of $0.09 per share to raise proceeds of up to EUR1.5 million (before expenses)
(Placement). The funds raised will be used towards the DFS at the Company's
Wolfsberg Lithium Project located in Austria.

The Company will use its capacity under ASX listing rule 7.1 to issue shares
under the Placement. The company will issue and allot shares as the funds are
banked over the next 3 weeks.

Further inquiry note:

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