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Iondrive Limited Halts Trading Amidst Capital Raise

Iondrive Limited Halts Trading Amidst Capital Raise

Southern Gold Limited (AU:ION) has released an update.

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Iondrive Limited (ASX: ION) has requested an immediate trading halt on its securities as it prepares to announce a capital raising initiative. The halt will remain in effect until the announcement is made or trading resumes on Monday, 3 June 2024. Investors are keenly awaiting further details on the company’s financial maneuver.

For further insights into AU:ION stock, check out TipRanks’ Stock Analysis page.

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