Lotus Resources trading halt request details

Lotus Resources Limited (ASX:LOT) has requested a trading halt for the trading of the Company's securities pending an announcement regarding a material agreement involving offtake and funding. The trading halt will remain in place until the earlier of the commencement of normal trading on Wednesday 4 September 2024 or an announcement in relation to the above. The Company is not aware of any reason why the trading halt should not be granted and is not aware of any further information necessary to inform the market about the trading halt.

Company's request for trading halt

The Company, Lotus Resources Limited, has requested a trading halt in accordance with Listing Rule 17.1, pending an announcement regarding a material agreement involving offtake and funding. The trading halt is expected to be in place until the earlier of the commencement of normal trading on Wednesday 4 September 2024 or the release of the announcement related to the material agreement. The Company has expressed its lack of awareness of any reason why the trading halt should not be granted and has stated that no further information is necessary to inform the market about the trading halt.

Summary of Lotus Resources trading halt request

Lotus Resources Limited (ASX:LOT) has requested a trading halt for the trading of its securities pending an announcement regarding a material agreement involving offtake and funding. The trading halt is expected to be in place until the earlier of the commencement of normal trading on Wednesday 4 September 2024 or the release of the announcement related to the material agreement. The Company has expressed its lack of awareness of any reason why the trading halt should not be granted and has stated that no further information is necessary to inform the market about the trading halt. Investors and stakeholders are advised to await the forthcoming announcement for further details regarding the material agreement and its potential impact on Lotus Resources.