Neometals Ltd (ASX:NMT) has requested a trading halt for its shares from the open of trading on Wednesday, 9 October 2024. The halt is pending an announcement related to an equity raising. The company has requested that the trading halt remain in place until the completion of the institutional component of the equity raising or the commencement of trading on Friday, 11 October 2024.
The company has requested the trading halt to ensure that all investors have equal access to information regarding the equity raising. Neometals aims to provide transparency and fairness in the market during this process.
Neometals Ltd (ASX:NMT) has requested a trading halt to prepare for an upcoming equity raising announcement. The company aims to maintain market fairness and transparency by ensuring all investors have equal access to information. The trading halt is expected to remain in place until the completion of the institutional component of the equity raising or the commencement of trading on Friday, 11 October 2024.