Arizona Lithium Limited (AU:AZL) has released an update.
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Arizona Lithium Limited has addressed an Aware Query Letter from the Australian Securities Exchange regarding a temporary halt of exploration drilling at their Big Sandy Project due to a legal complaint by the Hualapai Tribe. The company clarified that the halt is not considered price sensitive and is only a short-term measure pending a full evidentiary hearing on September 17, 2024. AZL confirmed their compliance with the Listing Rules and stated that their main asset is the Prairie Project, which remains unaffected.
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