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Metgasco Ltd Initiates Trading Halt Ahead of Capital Raising Announcement

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Metgasco Ltd Initiates Trading Halt Ahead of Capital Raising Announcement

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Metgasco Ltd ( (AU:MEL) ) has shared an announcement.

Metgasco Ltd has requested a trading halt on its securities pending an announcement about a proposed capital raising. This move is intended to ensure an orderly market and provide clarity to stakeholders, with the halt expected to last until the announcement is made or until normal trading resumes on May 9, 2025.

More about Metgasco Ltd

Metgasco Ltd is a company operating in the energy sector, primarily focusing on exploration and development of oil and gas resources. The company is listed on the Australian Securities Exchange under the ticker MEL.

Current Market Cap: A$4.37M

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

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