Freehill Mining's voluntary suspension and capital raising announcement

Freehill Mining Limited (ASX: $FHS) has requested a voluntary suspension from quotation under Listing Rule 17.2, pending the release of an announcement regarding a proposed capital raising. The suspension will continue until the commencement of trading on Thursday, July 18, 2024, when Freehill will disclose all information related to the capital raising.

Executive commentary on voluntary suspension and capital raising

The voluntary suspension is necessary as we finalize all aspects of our capital raising activities. We are committed to providing all relevant information to the market on July 18, 2024, when the trading halt is lifted. We believe this approach will ensure transparency and fairness for all stakeholders. We appreciate the market's understanding during this period. - Freehill Mining Limited

Summary of Freehill Mining's voluntary suspension and outlook

Freehill Mining Limited (ASX: $FHS) has taken the decision to request a voluntary suspension from quotation in preparation for an upcoming capital raising announcement. The company aims to provide comprehensive details regarding the capital raising on July 18, 2024, when the trading halt is lifted. This move demonstrates Freehill's commitment to transparency and timely dissemination of information to the market. The voluntary suspension aligns with the company's strategic efforts to enhance its financial position and pursue growth opportunities. Stakeholders and investors can anticipate the release of significant information on the specified date, which will contribute to a clearer understanding of Freehill's future prospects and corporate strategy.