Shares in Core Lithium (ASX:CXO) enter voluntary suspension

Securities in Core Lithium Ltd (ASX:CXO) have entered voluntary suspension after the company released an announcement earlier today.

What did Core Lithium announce?

Core Lithium released an announcement informing investors that the company has requested a voluntary suspension.

According to the media release, Core Lithium has requested that securities remain in voluntary suspension. This will be in place until an announcement is released to the market regarding a share placement.

The media release noted that an announcement is expected no later than 4 February, 2021.

In a previous trading halt request on 1 February, Core Lithium had advised investors of a potential voluntary suspension.

Why has Core Lithium entered voluntary…