GTI Energy (ASX: $GTR) trading halt request

GTI Energy Ltd (ASX: $GTR) has requested a trading halt in accordance with ASX Listing Rule 17.1 pending an announcement related to a material capital raising. The trading halt is requested until the earlier of the release of the announcement or prior to the commencement of trading on Wednesday, 19 June 2024. The request has been authorized for release by the Board, and the Company Secretary, Matthew Foy, has confirmed that the company is not aware of any reason why the trading halt should not be granted.

Executive Commentary on Trading Halt Request

The trading halt has been requested to ensure that all investors have equal access to information regarding the material capital raising announcement. We believe that this halt is necessary to maintain market integrity and provide a fair and transparent trading environment. The Company is committed to keeping the market informed and will release the announcement as soon as possible.

Summary of GTI Energy (ASX: $GTR) Trading Halt Request

GTI Energy Ltd (ASX: $GTR) has requested a trading halt in anticipation of a material capital raising announcement. The company aims to ensure equal access to information for all investors and maintain market integrity. The request, authorized by the Board, reflects the company's commitment to transparency and fair trading practices. Once the announcement is released, the company will continue to keep the market informed about its strategic developments and corporate activities.