Mighty Kingdom Limited (ASX: $MKL) has announced the lifting of the suspension of trading in its securities. This follows the release of an announcement regarding the outcome of an application to the Supreme Court of South Australia seeking orders in relation to MKL's lodgement of a cleansing notice under section 708AA(2)(f) of the Corporations Act and a further announcement relating to capital raising initiatives.
We are pleased to announce the reinstatement to quotation of Mighty Kingdom Limited (ASX: $MKL) following the release of the announcement regarding the outcome of our application to the Supreme Court of South Australia. This development marks a significant step for the company as we seek orders in relation to the lodgement of a cleansing notice under section 708AA(2)(f) of the Corporations Act and pursue capital raising initiatives. We appreciate the support of our stakeholders throughout this process.
Mighty Kingdom Limited (ASX: $MKL) has successfully reinstated trading in its securities following the release of the announcement regarding the outcome of the application to the Supreme Court of South Australia. The company is focused on addressing the matters related to the lodgement of a cleansing notice under section 708AA(2)(f) of the Corporations Act and is actively pursuing capital raising initiatives. The reinstatement to quotation signifies a positive development for Mighty Kingdom as it progresses with its corporate activities and strategic initiatives. The company remains committed to transparent communication with its stakeholders and looks forward to advancing its capital raising efforts to support its future growth and expansion plans.