April 3 (Reuters) - Lithium Australia NL (LIT) :
- EXPECTS TO BE FUNDED FOR AT LEAST THIS CALENDAR YEAR.
- FEDERAL AND STATE GOVERNMENT SUPPORT WILL HELP RETAIN STAFF
- TO REDUCE RENTAL COSTS FOR OFFICE AND FACTORY SPACES, INCLUDING CO HEAD OFFICE AND OF SUBSIDIARIES
- BOARD WILL TAKE HALF DIRECTORS' FEES IN CO SHARES
- WILL CONTINUE RATIONALISATION OF NON-CORE EXPLORATION PROPERTIES.
- DECIDED TO DELAY FLOAT OF UNIT ENVIROSTREAM AUSTRALIA DUE TO FINANCIAL MARKET VOLATILITY
News: LIT Lithium Australia Expects To Be Funded For At Least This Calendar Year
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