Overview of REZ trading halt request

Resources & Energy Group Limited (ASX: $REZ) has requested a trading halt for its ordinary shares in connection with an upcoming announcement related to a capital raising. The trading halt is effective from the commencement of trading on Tuesday, 23 April 2024, and will remain in place until the opening of trading on Friday, 26 April 2024, or until the announcement is released to the market.

Executive commentary on trading halt request

The trading halt has been requested by Resources & Energy Group Limited (ASX: $REZ) in anticipation of an upcoming announcement regarding a capital raising. We believe this decision is in the best interest of our shareholders and the company as a whole. We are committed to providing timely and transparent information to the market, and we will ensure that all necessary details related to the capital raising are communicated effectively.

Summary of REZ trading halt and outlook

Resources & Energy Group Limited (ASX: $REZ) has requested a trading halt in preparation for an announcement concerning a capital raising. The company aims to keep shareholders informed and maintain transparency throughout this process. The trading halt is expected to be lifted upon the release of the announcement or at the commencement of normal trading on Friday, 26 April 2024. This strategic move aligns with REZ's commitment to responsible communication and value creation for its stakeholders.