Rimfire Pacific Mining Limited (ASX: $RIM) has requested the immediate suspension of its ordinary shares from the Australian Securities Exchange (ASX) under Listing Rule 17.2. The suspension is pending the release of an announcement regarding a capital raising, as stated in the Company's letter dated 11 December 2023. The Company expects to make the announcement before the commencement of normal trading on Friday, 15 December 2023.
The voluntary suspension is necessary to assist the Company in managing its continuous disclosure obligations as the Company expects to make an announcement to the market in relation to the stated purpose. The Company requests that the voluntary suspension remains in place until the earlier of commencement of normal trading on Friday, 15 December 2023, or when the announcement regarding the stated purpose is released to the market. The Company is not aware of any reason why the voluntary suspension should not be granted or of any further information necessary to inform the market about the voluntary suspension.
Rimfire Pacific Mining Limited (ASX: $RIM) has requested a voluntary suspension from the ASX in order to manage its continuous disclosure obligations while preparing to make an announcement regarding a capital raising. The Company aims to release the announcement before the commencement of normal trading on Friday, 15 December 2023. The voluntary suspension is expected to be lifted upon the release of the announcement. Rimfire Pacific Mining Limited anticipates that this strategic move will enable it to effectively communicate with the market and stakeholders regarding the upcoming capital raising initiative.