Perpetual Resources trading halt details

Perpetual Resources (ASX:PEC) has requested a trading halt on its securities starting 28 November 2024. This halt is pending a crucial announcement related to capital raising. The halt will last until either the announcement is made or normal trading resumes on 2 December 2024. The request complies with ASX listing rule 17.1.

Summary and outlook on PEC trading halt

Perpetual Resources (ASX:PEC) has requested a trading halt to prepare for an important capital raising announcement. The halt, in line with ASX listing rule 17.1, aims to ensure informed trading. The company expects the announcement to have significant implications for its financial and strategic outlook. Perpetual Resources is based in Subiaco, Western Australia, and operates within the resource sector. The anticipated capital raising could influence the company's market position and future operations, highlighting the strategic importance of this development.

Executive commentary on trading halt

Perpetual Resources has requested a trading halt on its securities to facilitate the orderly release of a significant announcement regarding a capital raising. The company is unaware of any reason the ASX should not grant this request.