Adavale Resources Limited (AU:ADD) has released an update.
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Adavale Resources Limited (ASX: ADD) has requested an immediate trading halt on their securities, ahead of a forthcoming announcement regarding a proposed capital raising and project acquisition. The halt is to remain until either the announcement is made public or trading resumes on July 31, 2024. The company has confirmed that there are no undisclosed reasons that would prevent the trading halt from being granted.
For further insights into AU:ADD stock, check out TipRanks’ Stock Analysis page.