Encounter Resources Limited (ASX: $ENR) has requested a trading halt for its securities in anticipation of releasing an announcement regarding a proposed capital raising. The company expects the trading halt to be lifted on or before market open on Friday, 5 April 2024.
We have requested the trading halt in line with Listing Rule 17.1 as we prepare to release an announcement about a proposed capital raising. We anticipate providing the announcement to ASX by the market open on Friday, 5 April 2024. We are not aware of any reason why the trading halt should not be granted, nor of any other information relevant to this request. - Encounter Resources Limited
Encounter Resources Limited (ASX: $ENR) has requested a trading halt in preparation for the release of an announcement regarding a proposed capital raising. The company expects the trading halt to be lifted on or before market open on Friday, 5 April 2024. The request has been approved by the Board of Encounter Resources Limited. The company aims to provide the announcement to ASX by the specified date. The trading halt is in line with Listing Rule 17.1, and Encounter Resources Limited is not aware of any reason why it should not be granted. The company has not disclosed any further information at this stage.