Beacon Minerals trading halt request for capital raising announcement

Beacon Minerals Limited (ASX:BCN) has requested a trading halt from the Australian Securities Exchange (ASX) pending the announcement of a proposed capital raising. The trading halt is expected to last until the earlier of the company making the announcement to the market or the commencement of normal trading on Wednesday, 18 September 2024.

Beacon Minerals' Non-Executive Director comments on trading halt

Beacon Minerals Limited has requested a trading halt from the ASX as the company prepares to make an announcement regarding a proposed capital raising. The trading halt is a standard procedure to ensure that all investors have equal access to information. We are committed to keeping the market informed and will provide further details as soon as possible.

Summary of Beacon Minerals' trading halt for capital raising

Beacon Minerals Limited (ASX:BCN) has requested a trading halt from the ASX in anticipation of an upcoming announcement regarding a proposed capital raising. The trading halt is expected to be lifted upon the company making the announcement to the market or at the commencement of normal trading on Wednesday, 18 September 2024. This move reflects the company's commitment to transparency and fair market practices. Investors are advised to stay updated with the company's official announcements for further details and developments.