Great Divide Mining (ASX:GDM) has requested a trading halt on its securities. This pause is in effect immediately as the company plans to release an announcement about a potential material transaction. The halt will last until the announcement is made or normal trading resumes on 28 October 2024.
Great Divide Mining (ASX:GDM) has halted trading pending an announcement concerning a potential material transaction. The halt is in compliance with ASX Listing Rule 17.1 and will last until the announcement is made or until normal trading resumes on 28 October 2024. The halt indicates a significant business development may be underway. The company has expressed confidence in the procedural correctness of their request, with the announcement being authorized by Company Secretary Craig McPherson. The nature of the transaction is not disclosed but signifies possible noteworthy changes for the company.
The company is not aware of any reason why the trading halt should not be granted.