Godolphin Resources Limited (ASX:GRL) has requested a trading halt for the purpose of considering and executing a proposed capital raising. The halt will remain in place until the earlier of the company making an announcement to the market in relation to the capital raising or the commencement of trading on Thursday, 26 September 2024.
The company has requested the trading halt to facilitate the process of evaluating and potentially implementing a capital raising initiative. This decision aligns with our strategic plans and will provide an opportunity for us to enhance our financial position to support our growth objectives.
Godolphin Resources Limited (ASX:GRL) has requested a trading halt to consider and execute a proposed capital raising. The company anticipates ending the trading halt by making an announcement to the market in relation to the capital raising. This move reflects the company's commitment to strengthening its financial standing to support its growth plans and strategic initiatives.