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Desoto Resources Ltd. ( (AU:DES) ) has shared an announcement.
DeSoto Resources Limited, a company listed on the Australian Securities Exchange (ASX), has requested a trading halt on its securities. This halt is pending an announcement related to a capital raising initiative. The trading halt will remain in effect until the announcement is made or until the commencement of normal trading on October 10, 2025, whichever comes first. This move indicates a potential strategic financial maneuver by DeSoto Resources, which could have implications for its market positioning and stakeholder interests.
More about Desoto Resources Ltd.
Average Trading Volume: 434,701
Technical Sentiment Signal: Buy
Current Market Cap: A$33.61M
For a thorough assessment of DES stock, go to TipRanks’ Stock Analysis page.