Buru Energy Limited (ASX:BRU) has requested a trading halt for the purpose of providing an update on recent asset transactions and executing a capital raising. The halt is requested to remain in place until the earlier of the company making an announcement regarding the asset transactions and results of the capital raising, and the commencement of trading on 30 September 2024.
The Company Secretary of Buru Energy Limited, Paul Bird, has requested the trading halt to provide an update on recent asset transactions and the execution of a capital raising. The halt is intended to ensure that the market is informed about these developments before trading resumes.
Buru Energy Limited has requested a trading halt to update the market on recent asset transactions and the execution of a capital raising. The company aims to provide necessary information to inform the market about these developments. The trading halt is expected to be lifted upon the company's announcement regarding the asset transactions and results of the capital raising, or at the commencement of trading on 30 September 2024.