Ironbark Zinc Limited (ASX: $IBG) has requested a trading halt for its securities in accordance with Listing Rule 17.1. The halt is pending an announcement related to a potential acquisition and a capital raising. The company expects the trading halt to last until the announcement is made, which will be no later than before the commencement of trading on Wednesday 26 June 2024.
The trading halt request is in line with our strategic plans for a potential acquisition and capital raising. We believe this decision will provide an opportunity for all stakeholders to receive the announcement simultaneously, ensuring fairness and transparency in the market.
Ironbark Zinc Limited (ASX: $IBG) has requested a trading halt in anticipation of an announcement regarding a potential acquisition and a capital raising. The company aims to resume trading no later than before the commencement of trading on Wednesday 26 June 2024. The decision reflects the company's commitment to transparency and fairness in the market, aligning with its strategic plans for growth and development.