Nex Metals Explorations Ltd requests trading halt

Nex Metals Explorations Ltd (ASX:NME) has requested a trading halt to announce the assay results from a recent drilling campaign. The halt is expected to last until the earlier of the company releasing the announcement or the commencement of trading on Monday, 23 September 2024.

Executive Commentary

The Company requests a Trading Halt immediately, pending the announcement regarding assay results from a recent drilling campaign. The Trading Halt is to last until the earlier of the Company releasing the announcement, or the commencement of trading on Monday, 23 September 2024. We expect that the Trading Halt will end by the Company making an announcement. The Company is not aware of any reason why the Trading Halt should not be granted. The Company confirms there is no other information necessary to inform the market about the trading halt, or that ASX has asked for.

Summary

Nex Metals Explorations Ltd (ASX:NME) has requested a trading halt to announce the assay results from a recent drilling campaign. The halt is expected to last until the earlier of the company releasing the announcement or the commencement of trading on Monday, 23 September 2024. The company anticipates the trading halt will conclude upon the announcement. Nex Metals Explorations aims to provide the market with crucial assay results, demonstrating its commitment to transparency and timely information dissemination. The forthcoming announcement is likely to impact the company's stock performance and investor sentiment. The market awaits the assay results with anticipation, and the company's decision to request the trading halt reflects its dedication to ensuring the dissemination of material information in a fair and orderly market.