Chilwa Minerals Ltd (AU:CHW) has released an update.
Chilwa Minerals Ltd has requested a trading halt of its securities on the ASX, pending an announcement related to an impending capital raising initiative. The halt is expected to lift upon the market’s receipt of the announcement or with the resumption of normal trading on October 15, 2024, whichever comes first. This strategic move has captured the attention of investors, awaiting further details on the company’s financial maneuver.
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