North Stawell Minerals Ltd (ASX:NSM) has requested a trading halt for its securities, in anticipation of an upcoming ASX announcement regarding a proposed capital raising. The trading halt is expected to conclude on the earlier of the commencement of normal trading on Tuesday, 24 September 2024, or the release of the announcement related to the capital raising.
The trading halt request by North Stawell Minerals Ltd (ASX:NSM) is in line with the company's plans to release an announcement concerning a proposed capital raising. The company is focused on its exploration efforts in Victoria's Stawell Mineralised Corridor and aims to utilize the capital raising to further its objectives.
North Stawell Minerals Ltd (ASX:NSM) has requested a trading halt as it prepares to make an announcement regarding a proposed capital raising. The company, dedicated to discovering large scale gold deposits in Victoria's Stawell Mineralised Corridor, is positioning itself for potential advancements through the capital raising. The trading halt is expected to be lifted upon the release of the announcement, providing insights into the company's future plans and strategies.