Astral Resources NL requests trading halt

Astral Resources NL (ASX: $AAR) has requested an immediate trading halt of its securities. The trading halt is pending an application to court by the Company seeking orders in relation to the Company's inadvertent failure to lodge a cleansing notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) within the prescribed 5 day period after the issue of shares on 9 April 2024. The trading halt will continue until the earlier of the commencement of trading on Tuesday 2 July 2024 or when the announcement referred to is released to the market.

Executive Commentary

The Company has taken the necessary steps to request a trading halt in light of the pending court application. We are committed to ensuring compliance with all regulatory requirements and will provide further updates as soon as possible.

Summary

Astral Resources NL (ASX: $AAR) has requested a trading halt pending a court application related to the inadvertent failure to lodge a cleansing notice within the prescribed period. The Company aims to address this matter through the court application and is focused on complying with regulatory obligations. Investors should await further announcements from the Company regarding the trading halt and any developments related to the court application.