Nimy Resources trading halt request details

Nimy Resources Limited (ASX: $NIM) has requested a trading halt for the quotation of its securities pending an announcement regarding a proposed material capital raise. The company expects the trading halt to last until an announcement is made, which will be no later than before the commencement of trading on Friday, 12 July 2024. The request has been approved by Luke Hampson, Executive Director.

Executive Director's Approval of Trading Halt Request

The trading halt has been requested to facilitate the announcement of a proposed material capital raise. We expect to provide further details and clarity on this matter before the commencement of trading on Friday, 12 July 2024. We appreciate the cooperation and understanding of our stakeholders during this time.

Summary of Trading Halt Request and Outlook

Nimy Resources Limited (ASX: $NIM) has requested a trading halt in anticipation of announcing a proposed material capital raise. The company aims to provide the market with comprehensive information regarding this capital raise before the commencement of trading on Friday, 12 July 2024. This trading halt reflects the company's commitment to transparency and ensuring that all stakeholders are informed simultaneously. The outlook includes the company's dedication to providing timely updates and maintaining open communication with its investors and the market.