Ionic Rare Earths Limited (ASX: $IXR) has requested a trading halt in accordance with Listing Rule 17.1, pending an announcement regarding a proposed capital raising. The halt is necessary for finalizing the details of the capital raising. The securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 26 April 2024, or the release of the announcement.
The Company Secretary, Mark Licciardo, has requested the trading halt in accordance with Listing Rule 17.1, to enable the Company to finalize details of the proposed capital raising. The Company is not aware of any reason why the trading halt should not be granted.
Ionic Rare Earths Limited (ASX: $IXR) has requested a trading halt to prepare for an announcement regarding a proposed capital raising. The halt will allow the company to finalize the details of the capital raising. The securities will remain in trading halt until the announcement is released to the market or normal trading resumes on Friday, 26 April 2024. The Company Secretary, Mark Licciardo, confirmed that the company is not aware of any reason why the trading halt should not be granted.