C29 Metals voluntary suspension and pending announcement

C29 Metals Limited (ASX: $C29) has requested the voluntary suspension of its quoted securities from trading on Monday, 18 March 2024. The suspension is pending the finalization of a material acquisition and considering, planning, and executing a capital raising. The company anticipates the voluntary suspension to remain in place until the announcement is made to the market or until market pre-open on Tuesday, 19 March 2024.

Executive Commentary on Voluntary Suspension

The voluntary suspension of C29 Metals' quoted securities is a strategic move to ensure that the market is informed about the upcoming material acquisition and capital raising. This decision aligns with our commitment to transparency and responsible communication with our stakeholders. We believe that this suspension will allow us to make the announcement in a well-considered manner, providing the market with comprehensive information about our future plans and strategies.

Summary of C29 Metals' Voluntary Suspension

C29 Metals Limited (ASX: $C29) has voluntarily suspended its quoted securities from trading to facilitate the finalization of a material acquisition and the planning and execution of a capital raising. The company aims to ensure that the market is well-informed about these significant developments and intends to resume trading after the announcement is made. This strategic move reflects the company's commitment to transparent communication and responsible disclosure of material information to its stakeholders.