Koonenberry Gold Limited (ASX: $KNB) has requested a trading halt pending the release of an announcement regarding a capital raising. The trading halt is expected to remain in place until the earlier of the Company releasing an announcement or the commencement of trading on Monday, 4 March 2024.
The Company requests a trading halt to facilitate the forthcoming announcement of a capital raising. We expect this to provide an opportunity for investors to consider the implications of this development. We are committed to keeping the market informed and will promptly release the announcement upon the conclusion of the trading halt.
Koonenberry Gold Limited (ASX: $KNB) has requested a trading halt in anticipation of an upcoming announcement regarding a capital raising. The Company aims to end the trading halt with the release of the announcement or by the commencement of trading on Monday, 4 March 2024. The decision reflects the Company's commitment to transparency and timely dissemination of information to the market.