Overview of WA1 Resources Ltd trading halt request

WA1 Resources Ltd (ASX: $WA1) has requested an immediate voluntary trading halt to the Company's securities pending the release of an announcement regarding a proposed capital raising. The trading halt is expected to remain in place until the earlier of the Company releasing an announcement to the market regarding the proposed capital raising and the commencement of trading on Friday, 12 July 2024.

Executive commentary on the trading halt request

The Company requests a trading halt in anticipation of an upcoming announcement related to a proposed capital raising. We expect the trading halt to be lifted upon the release of the announcement. The Company is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market regarding the trading halt. - Rhys Bradley, Non-Executive Director & Company Secretary

Summary of WA1 Resources Ltd trading halt request

WA1 Resources Ltd (ASX: $WA1) has requested a trading halt in preparation for an announcement concerning a proposed capital raising. The trading halt is expected to be lifted upon the release of the announcement, which is anticipated to provide further details about the capital raising. The Company aims to keep the market informed and will provide updates as necessary. The trading halt reflects the Company's commitment to transparency and compliance with regulatory requirements.