Elixir Energy trading halt request for Daydream-2 stimulation program update

Elixir Energy Limited (ASX: $EXR) has requested a trading halt from the start of trading on 24 April 2024. The halt is pending an announcement regarding the design, timing, and intended outcomes of the stimulation program at Daydream-2 that commenced on 19 April 2024. The company anticipates the trading halt to be lifted upon the release of the announcement or at the commencement of normal trading on Monday, 29 April 2024.

Executive Commentary

The Company requests the trading halt to ensure that all shareholders and the market receive the information simultaneously. We are committed to providing transparent and timely updates regarding the progress of the stimulation program at Daydream-2. This trading halt will allow us to prepare and release a comprehensive announcement, addressing the design, timing, and intended outcomes of the program. We appreciate the understanding and patience of our shareholders and stakeholders during this period.

Summary

Elixir Energy Limited (ASX: $EXR) has requested a trading halt to facilitate the release of an announcement concerning the stimulation program at Daydream-2. The company aims to provide comprehensive details about the design, timing, and intended outcomes of the program. This proactive approach demonstrates the company's commitment to transparency and timely communication with its shareholders and the market. Once the trading halt is lifted, the market can expect a detailed update on the progress of the stimulation program, which will contribute to a better understanding of Elixir Energy's operations and future prospects.