Details of Westar Resources' trading halt request

Westar Resources Limited (ASX: $WSR) has requested a trading halt in its securities pending the release of an announcement. The halt is in relation to a material capital raising and entry into an option agreement to acquire a project. The company anticipates the trading halt to be lifted on Wednesday, 17 April 2024, upon the release of the announcement.

Company's Request for Trading Halt

The Company Secretary, Ben Donovan, has requested the trading halt in light of the upcoming announcement regarding a material capital raising and the entry into an option agreement to acquire a project. The company aims to ensure that the market is informed of these significant developments and anticipates the trading halt to be lifted upon the release of the announcement.

Summary of Trading Halt Request

Westar Resources Limited has requested a trading halt in its securities as it prepares to make a significant announcement regarding a material capital raising and entry into an option agreement to acquire a project. The company aims to keep the market informed about these developments and anticipates the trading halt to be lifted upon the release of the announcement. This trading halt reflects the company's commitment to transparency and ensuring that all stakeholders are informed of important corporate actions.