Vulcan Energy Resources (ASX:VUL) has announced a trading halt for its securities on the ASX. This halt is in preparation for a forthcoming announcement related to a capital raising effort. It will remain in effect until the start of normal trading on 13 December 2024 or until the announcement is released.
Vulcan Energy Resources has placed its securities in a trading halt pending an announcement concerning its capital raising plans. This halt aims to ensure an orderly market while the company finalizes details. The halt will last until the beginning of normal trading on 13 December 2024 or until the company releases the announcement. Vulcan Energy Resources is focused on providing clear communication to its stakeholders, with no additional information required by the ASX at this time.
The trading halt was requested by Vulcan Energy Resources to facilitate an orderly market as we prepare to announce details of our capital raising. There are no additional information requirements at this time,' stated Daniel Tydde, General Counsel and Company Secretary.