Triangle Energy (Global) Limited (ASX:TEG) trading halt request details

Triangle Energy (Global) Limited (ASX:TEG) has requested a trading halt for the quotation of its securities. The halt is pending an update to the status of the Cliff Head Asset Sale and Purchase Agreement, as per the ASX Release on 23 July 2024. The company expects the trading halt to last until an announcement is made, which will be no later than before the commencement of trading on Monday, 14 October 2024.

Triangle Energy (Global) Limited (ASX:TEG) trading halt commentary

The company has requested the trading halt to provide an update on the status of the Cliff Head Asset Sale and Purchase Agreement. This decision aligns with the company's commitment to transparent communication with its shareholders and the market. Triangle Energy (Global) Limited aims to ensure that all stakeholders are informed of significant developments, such as the status of the mentioned agreement, in a timely and equitable manner.

Triangle Energy (Global) Limited (ASX:TEG) trading halt summary

Triangle Energy (Global) Limited (ASX:TEG) has requested a trading halt to provide an update on the status of the Cliff Head Asset Sale and Purchase Agreement. The company anticipates that the trading halt will be lifted upon the release of the announcement, which is expected no later than before the commencement of trading on Monday, 14 October 2024. This action demonstrates the company's commitment to keeping the market and its shareholders informed about significant developments, such as the progress of the mentioned agreement.