Sultan Resources (ASX:SLZ) has announced a trading halt on its securities starting Thursday, October 24, 2024. The halt will last until either the release of a capital raising announcement or the start of normal trading on Monday, October 28, 2024.
Sultan Resources Limited (ASX:SLZ) has initiated a trading halt to prepare for an upcoming announcement concerning capital raising. This halt is expected to last until the announcement is made or until Monday, October 28, 2024. The trading halt complies with ASX Listing Rule 17.1 and has been authorized by the company's board. Sultan Resources aims to manage the release of significant financial information effectively. Details about the amount and purpose of the capital raising are anticipated to be disclosed in the forthcoming announcement.
The trading halt has been authorized by the company's board and communicated by the Company Secretary, Hannah Cabatit.