Patriot Lithium (ASX:PAT) has announced a voluntary suspension from trading on the ASX effective 5 December 2024. This suspension is tied to an upcoming announcement concerning an option agreement initially disclosed on 3 December 2024. The company plans to resume trading by 12 December 2024, pending further details.
Patriot Lithium has sought a voluntary suspension to manage the release of information regarding an option agreement. This step complies with ASX Listing Rule 17.2, ensuring procedural adherence. The suspension, initiated to allow time for precise communication, is expected to last until 12 December 2024. The request was officially sanctioned by Cameron O'Brien, the Company's Secretary. Stakeholders should anticipate further announcements to grasp the potential impact on Patriot Lithium's strategic directions and financial condition. The forthcoming details on the option agreement could influence the company's market position and shareholder value.
The request for voluntary suspension has been authorized by the Company's Secretary, Cameron O'Brien.