Blue Star Helium (ASX:BNL) trading halt request

Blue Star Helium Limited (ASX:BNL) has requested an immediate trading halt of its securities in accordance with ASX Listing Rule 17.1. The halt is pending the release of an announcement regarding a capital raising. The trading halt is expected to conclude on the earlier of the commencement of normal trading on Thursday, 5 September 2024, or when the announcement regarding the capital raising is made to the market. The Company, represented by Managing Director & CEO Trent Spry, stated that they are not aware of any reason why the trading halt should not be granted and that there is no other information necessary to inform the market about the trading halt.

Executive Commentary

The Company, represented by Managing Director & CEO Trent Spry, has requested a trading halt in anticipation of an upcoming announcement related to a capital raising. This decision aligns with the Company's commitment to transparent and timely communication with the market. The Board has authorized the request, demonstrating their dedication to compliance with ASX regulations and best practices. The Company looks forward to providing further details to the market once the trading halt is lifted.

Summary of Trading Halt Request

Blue Star Helium Limited (ASX:BNL) has taken the proactive step of requesting a trading halt in preparation for an imminent announcement regarding a capital raising. This move reflects the Company's adherence to ASX Listing Rule 17.1 and its commitment to keeping the market informed. The Managing Director & CEO, Trent Spry, expressed confidence in the decision and assured that the Company is fully prepared to provide the necessary information to the market once the trading halt concludes. The market can anticipate further updates from Blue Star Helium as the situation develops.