BPM Minerals trading halt request

BPM Minerals Limited (ASX:BPM) has requested a trading halt in accordance with ASX Listing Rule 17.1. The halt is pending an announcement concerning a material capital raising. The company anticipates the trading halt to be lifted on Wednesday, 2 October 2024, or upon the release of the expected announcement to the market. Ben Donovan, the Company Secretary, confirmed that BPM Minerals is not aware of any reason why the trading halt should not be granted.

Executive Commentary

The company has requested the trading halt to ensure a fair and orderly market while it prepares to disclose a material capital raising. We are committed to keeping the market informed and believe that this halt will facilitate an efficient dissemination of the upcoming announcement. We appreciate the understanding and cooperation of our shareholders and stakeholders during this time.

Summary of BPM Minerals trading halt request

BPM Minerals Limited (ASX:BPM) has requested a trading halt in preparation for a significant capital raising announcement. The company aims to lift the trading halt on Wednesday, 2 October 2024, or upon the release of the anticipated announcement to the market. The request, made in accordance with ASX Listing Rule 17.1, reflects BPM Minerals' commitment to ensuring a fair and orderly market as it prepares to disclose this material information. The company's Board of Directors has authorized this release, and Ben Donovan, the Company Secretary, confirmed that BPM Minerals is not aware of any reason why the trading halt should not be granted. The CEO, Oliver Judd, emphasized the company's dedication to keeping the market informed and expressed gratitude for the understanding and cooperation of shareholders and stakeholders during this time.