Evolution Energy Minerals trading halt request details

Evolution Energy Minerals Limited (ASX: $EV1) has requested a trading halt effective from 19 January 2024. The trading halt is pending an announcement related to a proposed investment in Evolution by BTR New Materials Co. Ltd. The company has requested that the trading halt end on the earlier of the commencement of normal trading on 23 January 2024 or when the anticipated announcement is released to the market.

Company Secretary's statement on trading halt request

Evolution Energy Minerals Limited's Company Secretary, Stuart McKenzie, has stated that the trading halt is requested in relation to a proposed investment by BTR New Materials Co. Ltd. The company is not aware of any reason why the trading halt should not be granted and has provided the necessary information to inform the market about the trading halt.

Summary of trading halt request and outlook

Evolution Energy Minerals Limited (ASX: $EV1) has requested a trading halt pending an announcement regarding a proposed investment by BTR New Materials Co. Ltd. The company aims to provide the market with necessary information once the anticipated announcement is released. This trading halt reflects the company's commitment to transparency and ensuring that all stakeholders are informed about significant developments. The outlook for Evolution Energy Minerals includes the potential impact of the proposed investment on the company's strategic direction and future operations, which will be clarified upon the release of the awaited announcement.