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Macro Metals Requests Trading Halt Amid Compliance Issue

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Macro Metals Requests Trading Halt Amid Compliance Issue

Elevate Your Investing Strategy:

Kogi Iron Ltd. ( (AU:M4M) ) has shared an announcement.

Macro Metals Limited, trading under the ASX code M4M, has requested a trading halt on its securities due to a pending court application. The company is addressing an unintentional failure to lodge a cleansing notice within the required timeframe after issuing shares earlier in the year. This trading halt is expected to last until the earlier of the commencement of trading on July 15, 2025, or the release of the relevant announcement. This move is crucial for Macro Metals as it seeks to rectify compliance issues, which could impact its market operations and stakeholder confidence.

More about Kogi Iron Ltd.

Average Trading Volume: 4,681,881

Technical Sentiment Signal: Sell

Current Market Cap: A$35.81M

For a thorough assessment of M4M stock, go to TipRanks’ Stock Analysis page.

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