Australian Rare Earths (ASX:AR3) has initiated a trading halt on its securities. The halt is pending a significant announcement related to funding for the Koppamurra project. This move, effective from 5 December 2024, will last until the announcement is made or normal trading resumes on 9 December 2024.
Australian Rare Earths (AR3) has placed a trading halt to prepare for a major announcement about a funding update for the Koppamurra project. The halt, which reflects the potential significance of the news, will last until the announcement is released or until trading starts on 9 December 2024. By ensuring compliance with ASX protocols, AR3 aims to maintain transparency and market confidence. The upcoming announcement could be pivotal for AR3's strategic goals, particularly concerning the development and advancement of the Koppamurra project. Stakeholders are encouraged to stay informed as AR3 continues to pursue its objectives in the rare earth sector.
The Company is not aware of any reason why the trading halt should not be granted.