Siren Gold trading halt details

Siren Gold (ASX:SNG) has announced a trading halt on its securities starting from 17 October 2024. This halt is in anticipation of an announcement following a security holders' meeting scheduled for the same day. The meeting will involve a vote on the sale of shares in Reefton Resources Pty Ltd to Rua Gold Inc. The halt will be lifted after the meeting’s results are announced or on 21 October 2024, whichever comes first.

Summary of Siren Gold's trading halt

Siren Gold (ASX:SNG) has placed a trading halt on its securities as it prepares for a key security holders' meeting. This meeting will determine the approval of the proposed sale of Siren Gold's shares in Reefton Resources Pty Ltd to Rua Gold Inc. The halt adheres to ASX regulations, as indicated by the company. The results of the meeting will dictate the next steps, and the halt will conclude by 21 October 2024 at the latest. Siren Gold is strategically positioning itself with this potential transaction, highlighting its ongoing efforts to optimize its asset portfolio.

Executive commentary on trading halt

The halt is requested in accordance with section 5.4 of ASX's Guidance Note 12. Siren Gold Limited complies with Listing Rule 17.1 and has provided all relevant information regarding the halt. We are unaware of any reasons that would prevent the trading halt from being granted.