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Emmerson Resources (ASX: $ERM) requests trading halt for joint venture partner's mill construction update

Emmerson Resources trading halt request


Emmerson Resources Limited (ASX: $ERM) has requested an immediate trading halt in its securities as it prepares to release a material update on the timing of its joint venture partner's mill construction at Tennant Creek, Northern Territory. The trading halt will remain in place until the earlier of the company releasing the announcement or the commencement of trading on Monday, 17 June 2024.

Executive Commentary


The trading halt has been requested to ensure that all investors have equal access to the material update on our joint venture partner's mill construction at Tennant Creek, Northern Territory. We believe that this update will have a significant impact on the market and want to provide a fair and transparent trading environment for all stakeholders.

Summary of Trading Halt Request


Emmerson Resources Limited (ASX: $ERM) has requested a trading halt in its securities pending the release of a material update on the timing of its joint venture partner's mill construction at Tennant Creek, Northern Territory. The company aims to ensure equal access to the forthcoming announcement and maintain a fair and transparent trading environment for all stakeholders. Investors are advised to stay tuned for the announcement's release and the subsequent impact on the market.

EMMERSON RESOURCES LIMITED
ERM | ASX | Materials
0.057-0.001(-1.72%)
At close 05/07 (AEDT)
Market cap
$31.6M
Volume
238,243
DY Yield
0
PE Ratio
0
52 Week Range
0.04 - 0.081
1YR Return
51.274%

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