Javelin Minerals (ASX: $JAV) trading halt request

Javelin Minerals Limited (ASX: $JAV) has requested a trading halt for its securities in anticipation of a capital raising. The trading halt is expected to be lifted before the commencement of normal trading on Monday, 3 June 2024. The company's Company Secretary, Johnathon Busing, has confirmed that there are no other details to disclose at this time.

Executive Commentary

The Company Secretary of Javelin Minerals Limited, Johnathon Busing, has stated, 'In accordance with the requirements of Listing Rule 17.1, Javelin Minerals Ltd hereby requests a trading halt of the Company's securities pending a capital raising. The trading halt should be lifted at the time the announcement is made, which is anticipated to be prior to the commencement of normal trading on Monday, 3 June 2024.'

Summary of Javelin Minerals trading halt request

Javelin Minerals Limited (ASX: $JAV) has requested a trading halt in preparation for a capital raising. The company aims to lift the trading halt before the commencement of normal trading on Monday, 3 June 2024. This move indicates the company's strategic approach to managing its capital and signifies its commitment to enhancing its financial position. Investors and stakeholders are advised to await the company's forthcoming announcement for further details.