Infini Resources Ltd. (AU:I88) has released an update.
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Infini Resources Limited (ASX: I88) has requested and been granted a temporary suspension from trading on the ASX, effective immediately, as the company prepares to announce a capital raising initiative. The trading halt is expected to last until either the announcement is made public or trading commences on Wednesday, 31 July 2024. The halt is intended to prevent market speculation and ensure fair trading until the details of the capital raising are fully disclosed.
For further insights into AU:I88 stock, check out TipRanks’ Stock Analysis page.