Mantle Minerals Ltd (ASX:MTL) trading halt request

Mantle Minerals Ltd (ASX:MTL) has requested an immediate trading halt for its securities in accordance with ASX Listing Rule 17.1. The halt is pending the release of a fundraising and exploration update and will remain in place until the update is released or the commencement of trading on Thursday, 26 September 2024. The Company stated that it is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

Company's trading halt rationale

The trading halt requested by Mantle Minerals Ltd (ASX:MTL) is in line with the ASX Listing Rule 17.1, which allows companies to request a trading halt pending the release of significant updates. The Company's decision to halt trading indicates that it is preparing to disclose important information related to fundraising and exploration activities. This proactive approach aligns with the Company's commitment to transparent and timely communication with the market.

Summary of Mantle Minerals Ltd's trading halt request

Mantle Minerals Ltd (ASX:MTL) has requested a trading halt in accordance with ASX Listing Rule 17.1, citing the pending release of a fundraising and exploration update. The Company aims to ensure that the market is informed about significant developments related to its fundraising and exploration activities. The trading halt reflects the Company's dedication to maintaining transparency and providing timely updates to its stakeholders. Investors and market participants can anticipate the release of the fundraising and exploration update following the conclusion of the trading halt on Thursday, 26 September 2024.