Tivan Limited trading halt update

Tivan Limited (ASX:TVN) has announced a trading halt on its securities. This is in anticipation of an upcoming joint venture announcement related to the Speewah Fluorite Project. The halt will last until the announcement is made or until normal trading resumes on 30 December 2024.

Tivan's strategic trading halt overview

Tivan Limited has initiated a trading halt as it prepares to announce a joint venture for the Speewah Fluorite Project. This decision is part of the company's strategic move and complies with ASX Listing Rule 17.1. The trading halt will remain until the announcement is made or until normal trading resumes on 30 December 2024. The board has authorized this move, confirming it as a necessary step to ensure market transparency. The impending announcement signals potential significant corporate activity, aligning with Tivan's focus on critical and sustainable projects.

Executive commentary on trading halt

The trading halt is sought in compliance with ASX Listing Rule 17.1 and has been authorized by Tivan Limited's Board. There are no reasons why it should not be granted.