Indiana Resources Limited (AU:IDA) has released an update.
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Indiana Resources Limited has requested an immediate trading halt of its securities on the ASX, pending a market announcement regarding a settlement with Tanzania over arbitration proceedings. The halt is set to last until the company discloses further details or until trading resumes on July 4, 2024. The company has confirmed compliance with ASX regulations and has received board authorization for this action.
For further insights into AU:IDA stock, check out TipRanks’ Stock Analysis page.