Critical Minerals Group Limited (ASX: $CMG) has requested a trading halt in its quoted securities to manage continuous disclosure obligations and prepare for a proposed capital raise. The trading halt is expected to remain in place until the announcement regarding the capital raise is released to the market or the commencement of normal trading on Thursday, 7th March 2024.
The Company Secretary, Adam Gallagher, stated that the trading halt is necessary to assist the company in managing its continuous disclosure obligations as they prepare to make an announcement to the market regarding the proposed capital raise. The company expects to release the announcement before the commencement of normal trading on Thursday, 7 March 2024.
Critical Minerals Group Limited (ASX: $CMG) has requested a trading halt to manage its continuous disclosure obligations and prepare for a proposed capital raise. The company expects to release the announcement regarding the capital raise before the commencement of normal trading on Thursday, 7 March 2024. The trading halt is aimed at ensuring the company's compliance with disclosure requirements and facilitating the orderly release of information to the market.