Adavale Resources trading halt request details

Adavale Resources Limited (ASX: $ADD) has requested an immediate trading halt for its securities. The halt is pending the release of an announcement related to a proposed capital raising and a project acquisition. The company has requested that the trading halt remain in place until the earlier of an announcement to the market or the commencement of trade on Wednesday, 31st July 2024.

Adavale Resources CFO & Company Secretary's request for trading halt

Adavale Resources Limited (ASX: $ADD) has requested a trading halt to be placed on the Company's securities effective immediately. The halt is pending the release of an announcement in relation to a proposed capital raising and a project acquisition. The Company is not aware of any reason why the trading halt should not be granted and is not aware of any further information necessary to inform the market about the trading halt.

Adavale Resources trading halt summary

Adavale Resources Limited (ASX: $ADD) has requested a trading halt for its securities pending the release of an announcement related to a proposed capital raising and a project acquisition. The company aims to provide the market with necessary information about the trading halt and is not aware of any reason why the trading halt should not be granted. The trading halt is expected to remain in place until the earlier of an announcement to the market or the commencement of trade on Wednesday, 31st July 2024.