Kaiser Reef Limited (ASX: $KAU) has requested a trading halt pending an announcement regarding the company's business plan, strategic capital raising, and board appointment. The trading halt is anticipated to remain in place until the announcement is made or prior to the commencement of trading on Wednesday, 22 May 2024.
The Company has requested the trading halt to ensure that all shareholders and the market are informed simultaneously about the upcoming announcement related to our business plan, strategic capital raising, and board appointment. We believe this approach will provide a fair and transparent platform for all stakeholders.
Kaiser Reef Limited (ASX: $KAU) has requested a trading halt in anticipation of an upcoming announcement concerning the company's business plan, strategic capital raising, and board appointment. The halt is expected to be lifted upon the release of the announcement. This proactive step aims to ensure equal and timely dissemination of information to all stakeholders, fostering transparency and fairness in the market.