Provaris Energy trading halt announcement

Provaris Energy (ASX:PV1) has announced a trading halt effective November 4, 2024. This halt is in place pending a significant capital raising announcement. The trading halt will last until the company releases the related announcement or until normal trading resumes on November 6, 2024.

Summary of trading halt and future outlook

Provaris Energy (ASX:PV1) has requested a trading halt to prepare for a capital raising announcement. The halt is expected to last until November 6, 2024, unless the announcement is made sooner. This move complies with ASX Listing Rule 17.1. The company is committed to connecting the world to a clean energy future, and this capital raising is anticipated to support its strategic objectives. The outcome will be significant for stakeholders and potential investors as Provaris Energy continues to pursue its mission of advancing clean energy solutions.

Provaris Energy executive commentary

Provaris Energy Ltd is not aware of any reason why the trading halt should not be granted and does not have any additional information that needs to be disclosed to the market at this time.