Caprice Resources trading halt request

Caprice Resources Limited (ASX: $CRS) has requested a trading halt for its securities, effective immediately, pending an announcement related to an acquisition and a capital raising. The trading halt is expected to remain in place until the earlier of the commencement of normal trading on Wednesday, 8 May 2024, or when the anticipated announcement is released to the market.

Company's Request for Trading Halt

Caprice Resources Limited has requested a trading halt for its securities in anticipation of an announcement regarding an acquisition and a capital raising. The company is committed to keeping the market informed and believes that the trading halt is necessary to ensure a fair and orderly market while the announcement is being prepared. Caprice is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Impact and Outlook

Caprice Resources Limited has requested a trading halt as it prepares to make an announcement regarding an acquisition and a capital raising. This indicates the company's strategic move to potentially expand its operations or strengthen its financial position. The trading halt is expected to provide a fair and orderly market environment for the anticipated announcement. Investors and stakeholders should await the release of the announcement for further insights into Caprice Resources' future plans and developments.