Minbos Resources Limited (ASX: $MNB) has requested a voluntary suspension of its securities on the Australian Securities Exchange under Listing Rule 17.2. The suspension is pending the finalization of details regarding the company's capital raising and the subsequent release of an announcement.
The company has requested the voluntary suspension in order to facilitate the finalization of the capital raising details. This decision aligns with our commitment to transparent and timely communication with our stakeholders. We believe that this suspension will allow us to effectively communicate the impact and benefits of the upcoming capital raising to our investors and the market at large.
Minbos Resources Limited (ASX: $MNB) has voluntarily suspended its securities from trading on the Australian Securities Exchange to allow for the finalization of details related to a capital raising. The company aims to release an announcement regarding the capital raising, and the voluntary suspension will be in place until the earlier of the commencement of normal trading on Friday 1 March 2024 or the release of the announcement. This decision reflects the company's commitment to ensuring that all stakeholders are adequately informed about significant developments, and it underscores the company's dedication to maintaining transparency and open communication.