Carnavale Resources Limited (ASX:CAV) has requested a trading halt for the quotation of its securities, pending the release of an announcement regarding a capital raising. The company anticipates making the announcement before the commencement of trading on Friday, 13 September 2024.
The Company seeks the trading halt in preparation for an upcoming announcement related to a capital raising. We are confident in our position and look forward to providing further details to the market in due course. We appreciate the understanding and cooperation of our stakeholders during this time.
Carnavale Resources Limited has requested a trading halt from ASX in anticipation of releasing an announcement regarding a capital raising. The company aims to provide the market with further details before the commencement of trading on Friday, 13 September 2024. This move reflects the company's strategic efforts to strengthen its financial position and pursue growth opportunities.