Details of Summit Minerals' trading halt request

Summit Minerals Limited (ASX: $SUM) has requested a trading halt from ASX in relation to its ordinary shares on 23 May 2024. The trading halt is requested pending an announcement by Summit regarding a capital raise. Summit has provided the necessary information in accordance with ASX Listing Rule 17.1, and the trading halt is expected to continue until the earlier of the commencement of normal trading on 27 May 2024 or when Summit makes an announcement to the market and requests the trading halt be lifted.

Executive commentary on the trading halt request

Summit Minerals Limited has requested a trading halt from ASX in anticipation of an upcoming announcement related to a capital raise. The company is committed to providing transparent and timely information to the market as per the regulatory requirements. We believe that this trading halt will facilitate a fair and orderly market for the trading of Summit's securities and enable investors to make informed decisions.

Summary of Summit Minerals' trading halt request

Summit Minerals Limited (ASX: $SUM) has requested a trading halt from ASX as it prepares to make an announcement regarding a capital raise. The trading halt is in line with regulatory requirements and is aimed at ensuring that all investors have equal access to information. The company aims to provide clarity and transparency to the market, and the trading halt is expected to be lifted upon the release of the announcement or by the commencement of normal trading on 27 May 2024, whichever is earlier.