OZZ Resources trading halt request details

OZZ Resources Limited (ASX: $OZZ) has requested a trading halt effective from today, 18 June 2024, pending an announcement about a material acquisition. The halt is expected to remain in place until the commencement of trading on Thursday, 20 June 2024, unless OZZ makes an announcement before that time. The company has stated that it is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.

Executive Commentary on Trading Halt Request

We have requested the trading halt to allow us to prepare and release an announcement regarding a material acquisition. This decision was made in the best interest of our shareholders and the market. We believe that this acquisition will significantly impact our business and want to ensure that all stakeholders have equal access to the information. We are committed to providing transparent and timely updates as per our obligations.

Summary of Trading Halt Request by OZZ Resources

OZZ Resources Limited has requested a trading halt to facilitate the release of an announcement related to a material acquisition. The company aims to keep the trading halt in place until Thursday, 20 June 2024, unless the announcement is made before that time. This proactive approach demonstrates the company's commitment to transparency and fair market disclosure. The pending announcement regarding the material acquisition indicates a potential significant development for OZZ Resources, and stakeholders are advised to await the official release for further details and insights into the company's strategic direction.