Geopacific Resources Limited (ASX: $GPR) has requested a trading halt on its securities pending the release of an announcement regarding a proposed capital raising. The Company anticipates lifting the trading halt on or before the market opens on Friday, 26 April 2024, with the results of the Institutional Entitlement Offer to the ASX.
The Company has requested the trading halt in anticipation of releasing an announcement related to a proposed capital raising. We are looking forward to providing further details and lifting the trading halt upon the release of the results of the Institutional Entitlement Offer to the ASX.
Geopacific Resources Limited (ASX: $GPR) has requested a trading halt in preparation for announcing a proposed capital raising. The Company aims to lift the trading halt on or before the market opens on Friday, 26 April 2024, with the results of the Institutional Entitlement Offer to the ASX. This trading halt is a standard procedure in the process of ensuring transparency and fairness in the market during significant corporate announcements.