Adelong Gold's Request for Trading Halt

Adelong Gold Limited (ASX: $ADG) has requested a trading halt from the Australian Securities Exchange (ASX) for its quoted securities. The halt is pending the release of an announcement regarding a capital raise by the company. The trading halt will remain in place until the earlier of the relevant announcement being released to the market or pre-open on Wednesday, 6 March 2024.

Company's Request and Market Response

The Company Secretary, Andrew Draffin, has formally requested the trading halt in accordance with Listing Rule 17.1. The halt is aimed at facilitating the forthcoming announcement concerning a capital raise. The company has affirmed its lack of awareness of any reason for the trading halt or any other information necessary to inform the market about it.

Summary of Trading Halt Request

Adelong Gold Limited (ASX: $ADG) has requested a trading halt from the ASX in anticipation of an imminent announcement regarding a capital raise. The halt is set to remain until the announcement is released to the market or until pre-open on Wednesday, 6 March 2024. The company's proactive approach indicates a significant development in its corporate strategy, and investors await the forthcoming announcement for further insights into Adelong Gold's financial plans and objectives.