Nelson Resources trading halt announcement

Nelson Resources Limited (ASX:NES) has requested a trading halt for its securities, in accordance with ASX Listing Rule 17.1, pending the release of an announcement related to a capital raising. The trading halt will remain in place until the announcement is made or the commencement of trading on Friday, 4 October 2024, whichever occurs sooner.

Executive Commentary

The trading halt initiated by Nelson Resources is a standard procedure to ensure that the market is informed about the upcoming announcement regarding a capital raising. We are committed to providing transparent and timely information to our stakeholders and the investment community. We believe that this capital raising will support our strategic initiatives and contribute to the company's growth.

Summary of Trading Halt Announcement

Nelson Resources Limited (ASX:NES) has requested a trading halt to prepare for the release of an announcement concerning a capital raising. The company aims to keep the market informed and plans to resume trading by Friday, 4 October 2024, upon the announcement's release. The capital raising is expected to support the company's strategic initiatives and growth objectives. Nelson Resources remains dedicated to transparency and timely communication with its stakeholders and the investment community.