St George Mining Limited (ASX: $SGQ) has requested a trading halt from the Australian Securities Exchange (ASX) as it prepares to make an announcement regarding a proposed acquisition and capital raising. The trading halt will be in effect until the earlier of the company's announcement to the market or the commencement of normal trading on Tuesday, 6 August 2024.
The company secretary, Sarah Shipway, has requested the trading halt as St George Mining prepares to disclose significant developments related to a proposed acquisition and capital raising. The halt is a standard procedure to ensure that all investors have equal access to the information once it is made public.
St George Mining Limited (ASX: $SGQ) has requested a trading halt from the ASX in anticipation of an upcoming announcement regarding a proposed acquisition and capital raising. The halt will remain in place until the company makes the announcement to the market or until the commencement of normal trading on Tuesday, 6 August 2024. The trading halt is a standard practice aimed at ensuring fairness and transparency in the market, allowing all investors to have equal access to the information once it is released. Investors and stakeholders are advised to await the company's official announcement for further details and updates.