Mayur Resources voluntary suspension request

Mayur Resources Limited (ASX: $MRL) has requested a voluntary suspension from ASX trading under Listing Rule 17.2. The suspension is pending the release of an announcement regarding the capital funding requirements for its Central Lime Project.

Executive Commentary on Voluntary Suspension

Mayur Resources Limited has requested a voluntary suspension to allow sufficient time to finalize the matters outlined in the Request for Trading Halt notice dated Thursday 20 June 2024. The company is not aware of any reason why the voluntary suspension should not be granted, or of any other information necessary to inform the market about the voluntary suspension. This request is authorized by the Board of Directors of Mayur Resources Limited.

Summary of Voluntary Suspension and Outlook

Mayur Resources Limited (ASX: $MRL) has taken the step to request a voluntary suspension from ASX trading to facilitate the finalization of matters related to the capital funding requirements for its Central Lime Project. The company aims to provide the market with a comprehensive announcement regarding this funding. The voluntary suspension is expected to be in place until the earlier of the announcement to the market in relation to the funding matters or the commencement of trading on Tuesday 25 June 2024. Mayur Resources Limited's decision reflects its commitment to transparent communication and adherence to ASX regulations. The market awaits the forthcoming announcement, which is anticipated to provide clarity on the company's capital funding requirements and its impact on the Central Lime Project's development and operations.