Raiden Resources trading halt request details

Raiden Resources Limited (ASX:RDN) has requested an immediate trading halt over its securities pending an announcement regarding a proposed capital raising. The trading halt is expected to commence pre-market open on Thursday, 10 October 2024, and is anticipated to remain in place until the earlier of the commencement of trading on Monday, 14 October 2024, or the release of the announcement. The company's Board, represented by Non-executive Director & Company Secretary Kyla Garic, has stated that they are not aware of any reason why the trading halt request should not be granted or any other information necessary to inform the market about the trading halt, or that ASX asks for.

Raiden Resources trading halt summary

Raiden Resources Limited (ASX:RDN) has requested a trading halt in anticipation of an announcement regarding a proposed capital raising. The halt is expected to be in place until the announcement is released on 14 October 2024. The company's Board has expressed confidence in the request and looks forward to providing further details to the market in due course.