New World Resources Limited (ASX: $NWC) has requested a trading halt in accordance with ASX Listing Rule 17.1. The halt is pending the release of an announcement related to a capital raising. The company has requested the trading halt to continue until the earlier of the commencement of normal trading on Tuesday, 16 April 2024, or when the announcement regarding the capital raising is made.
The Company requests that the trading halt continue until the earlier of the commencement of normal trading on Tuesday 16 April 2024 or when an announcement is made by the Company regarding the capital raising. The Company is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.
New World Resources Limited (ASX: $NWC) has requested a trading halt in order to release an announcement related to a capital raising. The company aims to keep the trading halt in place until the announcement is made or until the commencement of normal trading on Tuesday, 16 April 2024. The request indicates the company's intention to provide the market with important information regarding the capital raising, and the company has expressed its confidence in the necessity of the trading halt.