Alvo Minerals (ASX: $ALV) Trading Halt Request

Alvo Minerals Limited (ASX: $ALV) has requested a trading halt on its securities in accordance with ASX Listing Rule 17.1. The halt is pending an announcement related to a capital raising. The company anticipates the trading halt to be lifted on the earlier of the commencement of normal trading on Tuesday, 16 April 2024, or when the announcement is released to the market. Alvo Minerals Limited has confirmed that it is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Executive Commentary on Trading Halt Request

The request for a trading halt is a standard procedure in preparation for an important announcement related to a capital raising. We are committed to keeping our shareholders and the market informed about significant developments. We believe that this halt will allow for a fair and orderly market once the announcement is made. We appreciate the understanding and support of our stakeholders during this time.

Summary of Alvo Minerals (ASX: $ALV) Trading Halt Request

Alvo Minerals Limited (ASX: $ALV) has requested a trading halt in anticipation of an upcoming announcement regarding a capital raising. The company aims to lift the trading halt on the earlier of the commencement of normal trading on Tuesday, 16 April 2024, or when the announcement is released to the market. Alvo Minerals Limited is focused on critical minerals exploration and has projects targeting Rare Earth Elements and base and precious metals. The company's strategic intent is to aggressively explore and deliver growth through discovery, leveraging management's extensive track record in Brazil. Alvo Minerals is committed to fostering best-in-class stakeholder relations and supporting the local communities in which it operates.