GTI Energy (ASX:GTR) has placed a trading halt on its securities as of 10 December 2024. This halt is in anticipation of an upcoming announcement related to a mineral resource update at its Lo Herma Project in Wyoming's Powder River Basin. The halt will last until the commencement of normal trading on 12 December 2024 or until the announcement is made.
GTI Energy (ASX:GTR) has implemented a trading halt in anticipation of a significant update regarding its Lo Herma Project. This decision highlights the possible critical developments in their uranium operations in Wyoming. The trading halt has been authorized by the company's Board, showcasing a commitment to transparency and regulatory compliance. The halt will remain effective until the start of normal trading on 12 December 2024, or until the announcement is made. GTI Energy is focused on delivering updates that could influence its strategic positioning within the uranium sector.
GTI Energy Ltd is not aware of any reason why the trading halt should not be granted and believes no additional information is needed to inform the market about this request.