Alma Metals (ASX: $ALM) trading halt request

Alma Metals Limited (ASX: $ALM) has requested a trading halt in accordance with ASX Listing Rule 17.1 for the purpose of planning and execution of a capital raising. The trading halt is expected to continue until the earlier of the commencement of normal trading on Friday, 5 April 2024, or when an announcement is made by the Company. The Company's Company Secretary, Daniel Davis, expressed that there is no other information necessary to inform the market about the trading halt at this time.

Executive Commentary on Trading Halt Request

The Company has requested the trading halt to facilitate the planning and execution of a capital raising. This decision aligns with the Company's strategic objectives and is aimed at supporting its future growth and development. The Company Secretary, Daniel Davis, emphasized that the trading halt is a standard procedure in preparation for the forthcoming announcement related to the capital raising.

Summary of Trading Halt Request

Alma Metals Limited (ASX: $ALM) has requested a trading halt in line with ASX Listing Rule 17.1 to facilitate the planning and execution of a capital raising. The trading halt is expected to remain in place until the earlier of the commencement of normal trading on Friday, 5 April 2024, or when an announcement regarding the capital raising is made by the Company. The decision reflects the Company's commitment to pursuing strategic initiatives that support its future growth and development. This move underscores the Company's proactive approach to securing the necessary resources for its corporate objectives and signifies a significant step in its ongoing corporate strategy.