Kincora Copper Limited (ASX:KCC) has requested an immediate trading halt in preparation for a capital raise. The halt is aimed at managing the company's continuous disclosure obligations as it anticipates making an announcement regarding the capital raise before the commencement of normal trading on Tuesday, 15 October 2024.
The trading halt request is in line with our commitment to transparent and timely communication with the market. We are preparing for a capital raise and aim to provide the necessary information to our stakeholders before the trading resumes. This decision aligns with our strategy to ensure fair and equal access to information for all investors. We appreciate the understanding and support of our shareholders during this period.
Kincora Copper Limited (ASX:KCC) has requested a trading halt in preparation for a capital raise. The company aims to manage its continuous disclosure obligations and plans to make an announcement regarding the capital raise before the commencement of normal trading on Tuesday, 15 October 2024. This decision reflects the company's commitment to transparent communication and equal access to information for all investors. The trading halt is expected to be lifted upon the release of the announcement or the commencement of normal trading on the specified date.