AuKing Mining Limited (ASX:AKN) has requested a trading halt for two trading days as it prepares to announce an acquisition, a placement, and a non-renounceable entitlement offer to existing shareholders. The company anticipates making the announcement before the commencement of normal trading on Wednesday, 11 September 2024.
The trading halt has been requested as we are on the verge of finalizing significant developments related to an acquisition, placement, and an entitlement offer. We aim to provide full details to the market before the trading halt concludes, ensuring transparency and timely dissemination of information.
AuKing Mining Limited has sought a trading halt from ASX in line with Listing Rule 17.1, as it prepares to unveil details of an acquisition, placement, and a non-renounceable entitlement offer to existing shareholders. The company expects to release the announcement before the commencement of normal trading on Wednesday, 11 September 2024. This move reflects the company's commitment to ensuring the market is informed of significant developments in a timely manner.