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PRAIRIE LITHIUM LIMITED Capital/Financing Update 2011
65572_rns_2011-03-07_447d9a4e-1f0d-42f7-9e3c-9d51e34e65a9.pdf
Capital/Financing Update
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MARKET RELEASE
8 March 2011
ZYL Limited
TRADING HALT
The securities of ZYL Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 10 March 2011 or when the announcement is released to the market.
Security Code: ZYL
Cameron Bill Adviser, Listings (Perth)
8.MAR.2011 $6:44$ ASX PERTH NO.993 P.2⁄2
8 March 2011
Private and Confidential
Mauro Piccini Advisor, Issuers (Perth) ASX Markets Supervision Pty Ltd 2 The Esplanade PERTH WA 6000
By Email: Mauro [email protected]
Dear Mauro,
$\,$ $\,$
Request for Trading Halt
The Directors of emerging coal producer ZYL Limited (ZYL or the Company), hereby requests a trading halt to be placed on the Company's securities pending the release of an announcement by the Company in relation to the successful completion of a significant capital raising which will enable the Company to accelerate the development at the Kangwane Anthracite Project (Kangwane or Project) during the Bankable Feasibility Study (BFS) and allow ZYL to fast track its ownership interest in the Project through to production.
The Company requests the securities remain in trading halt until the earlier of the announcement to the market or the commencement of trade on Thursday 10 March 2011.
The Company is not aware of any reason why the trading halt should not be granted,
Regards ZYL LIMITED
Gino D'Anna Director / Company Secretary
