Constellation Resources Limited (ASX: $CR1) has requested a voluntary trading halt for its securities pending an announcement related to a capital raising. The halt is expected to remain in place until the earlier of the announcement or the opening of trade on ASX on 28 March 2024. The company's Company Secretary, Lachlan Lynch, stated that they are not aware of any reason why the trading halt should not be granted.
The Company Secretary, Lachlan Lynch, stated, 'Constellation Resources has requested a trading halt as we prepare to make an important announcement regarding a capital raising. We believe this halt will provide the necessary time for the market to absorb the upcoming information.'
Constellation Resources Limited (ASX: $CR1) has requested a trading halt in anticipation of an imminent announcement concerning a capital raising. The halt is expected to be in place until the earlier of the announcement or the opening of trade on ASX on 28 March 2024. The Company Secretary, Lachlan Lynch, expressed confidence in the decision and assured that the company will provide any necessary information to the market as requested by ASX.