Titan Minerals (ASX:TTM) has requested a trading halt on its securities. This halt is pending an announcement regarding a capital raise. The halt will continue until the start of normal trading on December 5, 2024, or until the announcement is made.
Titan Minerals has initiated a trading halt on the ASX, awaiting an announcement about a capital raise. The halt is in compliance with ASX Listing Rule 17.1 and was requested by the Company Secretary, Zane Lewis, to ensure fair trading conditions. The halt will last until December 5, 2024, or until the announcement is released, ensuring all market participants have access to the information simultaneously. Titan Minerals aims to keep the market fully informed as it prepares for a potential capital raising effort.
The request was made to ensure that trading occurs on a fully informed basis.