Elevate Uranium's Trading Halt Request

Elevate Uranium Ltd (ASX:$EL8) has requested a trading halt in its securities to undertake a capital raising, as per ASX Listing Rule 17.1. The trading halt is expected to remain in place until the company makes an announcement on the capital raising or the open of trading on Friday, 8 December 2023. The company's Board, represented by Company Secretary Shane McBride, is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

Executive Commentary on Trading Halt Request

The company has requested a trading halt to facilitate a capital raising initiative. This decision aligns with our strategic plans to secure additional funding for our ongoing projects and further development. We believe that this capital raising will enable us to strengthen our position in the market and pursue our long-term objectives. We are committed to keeping our shareholders informed and will provide updates as soon as possible.

Summary of Trading Halt Request

Elevate Uranium Ltd (ASX:EL8) has requested a trading halt to undertake a capital raising, in line with ASX Listing Rule 17.1. The company aims to secure additional funding for its ongoing projects and further development through this initiative. The Board, represented by Company Secretary Shane McBride, is confident in the decision and looks forward to keeping the market informed about the developments. The trading halt is expected to be lifted upon the company's announcement on the capital raising or the open of trading on Friday, 8 December 2023.