IPB Petroleum Ltd. (AU:IPB) has released an update.
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IPB Petroleum Limited has requested an immediate trading halt of its securities on the ASX to manage its disclosure obligations during a capital raising initiative. The halt will remain in effect until the earlier of the start of normal trading on 10 May 2024 or the release of a related company announcement. The company has confirmed there are no known reasons that would prevent the granting of this halt.
For further insights into AU:IPB stock, check out TipRanks’ Stock Analysis page.