Lachlan Star trading halt request for capital raising announcement

Lachlan Star Limited (ASX:LSA) has requested an immediate trading halt for the Company's securities pending an announcement regarding a proposed capital raising. The trading halt is requested until the earlier of the commencement of trading on Thursday, 26 September 2024, or upon the release of the announcement by the Company. The Company's Chief Executive Officer, Andrew Tyrrell, can be contacted for further information at info@lachlanstar.com or on +61 8 9226 1524.

Executive Commentary on Trading Halt Request

The Lachlan Star Board of Directors has authorized the request for a trading halt as the Company prepares to make an announcement regarding a proposed capital raising. The trading halt is a standard procedure to ensure that all investors have equal access to information. We are committed to keeping the market informed and will release the announcement at the earliest opportunity. For any media inquiries, please contact Nicholas Read from Read Corporate at info@readcorporate.com.au or on +61 8 9388 1474.

Summary of Lachlan Star's Trading Halt Request

Lachlan Star Limited (ASX:LSA) has requested a trading halt in anticipation of an upcoming announcement concerning a proposed capital raising. The Company aims to ensure fair and equal access to information for all investors. The trading halt will be in place until the earlier of the commencement of trading on Thursday, 26 September 2024, or the release of the announcement. This proactive approach demonstrates the Company's commitment to transparency and market integrity. Investors and stakeholders are encouraged to stay informed through official channels for further updates on this development.