Labyrinth Resources (ASX:LRL) has requested a trading halt on its securities. This pause is pending an important announcement regarding an asset acquisition and capital raising activities. The halt is set to end on the earlier of normal trading on Wednesday, 20 November 2024, or upon the company's announcement.
Labyrinth Resources Limited (ASX:LRL) has initiated a trading halt on its securities to prepare for an upcoming announcement concerning asset acquisition and capital raising initiatives. The trading halt is expected to last until the start of normal trading on 20 November 2024, or until the company releases the announcement. This move is in compliance with ASX Listing Rule 17.1, and the company assures there are no reasons the halt should not be granted. The company's board has authorized the halt, ensuring transparency and regulatory alignment. Labyrinth Resources is focused on informing the market about its strategic decisions and is preparing to unveil developments in its corporate strategy.
The trading halt has been requested to facilitate an announcement regarding an asset acquisition and capital raising activities.