VRX Silica Limited (ASX: $VRX) has requested a trading halt from ASX as the company undertakes a capital raising. The trading halt is intended to allow VRX time to formalize the raising and is expected to remain in place until the earlier of the company releasing the announcement or the commencement of trading on Wednesday, 10 April 2024.
The Company Secretary of VRX Silica Limited has formally requested a trading halt from ASX in order to facilitate a capital raising initiative. The trading halt is a standard procedure to provide the company with the necessary time to finalize the raising process. VRX Silica Limited aims to ensure that all market participants are informed about the trading halt and the reasons behind it.
VRX Silica Limited (ASX: $VRX) has requested a trading halt from ASX as part of its capital raising efforts. The company aims to use this time to formalize the raising and has indicated that the trading halt will be lifted upon the release of the related announcement or the commencement of trading on Wednesday, 10 April 2024. This request reflects VRX Silica's commitment to transparent and informed market operations.