Ardea Resources Ltd. (AU:ARL) has released an update.
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Ardea Resources Ltd. has responded to the ASX regarding unusual trading activity, stating they are unaware of undisclosed information that could affect stock prices. The company highlighted ongoing negotiations on the Kalgoorlie Nickel Project with a Japanese consortium, expecting to conclude by the end of April and to provide a market update by early May, which has led to a voluntary suspension request. Ardea also noted a general uptick in nickel prices and market interest, while confirming compliance with Listing Rules.
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