Power Minerals requests trading halt for Nióbio Project expansion

Power Minerals Limited (ASX:PNN) has requested a trading halt from ASX on 23 September 2024. The halt is pending an announcement regarding the expansion of the Nióbio Project in Brazil. The trading halt will continue until the earlier of the commencement of normal trading on 25 September 2024 or when Power Minerals makes the announcement and requests the trading halt to be lifted.

Power Minerals' Request for Trading Halt

Power Minerals Limited has requested a trading halt from ASX in relation to the expansion of the Nióbio Project in Brazil. The company aims to provide an announcement to the market and has requested the trading halt to be in place until the announcement is made. Power Minerals has stated that it is not aware of any other information necessary to inform the market about the trading halt and sees no reason why the trading halt should not be granted.

Summary of Power Minerals' Trading Halt Request

Power Minerals Limited (ASX:PNN) has requested a trading halt from ASX as it prepares to make an announcement regarding the expansion of the Nióbio Project in Brazil. The company aims to keep the trading halt in place until the announcement is released or until the commencement of normal trading on 25 September 2024. This trading halt reflects Power Minerals' commitment to ensuring that all market participants have equal and fair access to information. The announcement regarding the Nióbio Project expansion is anticipated to provide insights into the company's strategic developments and future plans for its projects in Brazil, potentially impacting its market position and investor sentiment.