Heavy Minerals Ltd (AU:HVY) has released an update.
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Heavy Minerals Limited (HVY) has requested a trading halt pending the release of an announcement related to further royalty funding and a capital raising initiative. The halt is in compliance with ASX Listing Rule 17.1 and is expected to lift by the start of normal trading on August 5, 2024, or upon the market release of the announcement. The company has confirmed there are no undisclosed reasons that would prevent the grant of the trading halt.
For further insights into AU:HVY stock, check out TipRanks’ Stock Analysis page.