Southern Hemisphere Mining Limited (ASX: $SUH) has requested a trading halt from ASX in accordance with Listing Rule 17.1. The halt is pending an upcoming announcement by the company regarding a capital raising. The trading halt is expected to remain in place until the earlier of the commencement of normal trading on June 11, 2024, or the release of the announcement.
The Company requests a trading halt to ensure that all investors have equal access to information regarding the upcoming capital raising. We believe that this halt will provide a fair and transparent market for all stakeholders. We are committed to keeping the market informed and will release the announcement as soon as possible.
Southern Hemisphere Mining Limited has requested a trading halt from ASX in preparation for an imminent announcement regarding a capital raising. The company aims to ensure equal access to information for all investors and maintain a fair and transparent market. The trading halt is expected to be lifted upon the release of the announcement, which is anticipated to provide further details about the capital raising and the company's future plans.