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Neometals Ltd ( (AU:NMT) ) has provided an update.
Neometals Ltd has requested and been granted a trading halt in its shares on the ASX, effective from the open of trading on 16 April 2026, while it prepares a market announcement. The halt will remain in place until either the release of that announcement or the commencement of normal trading on Monday, 20 April 2026, unless the exchange determines otherwise.
The company said the halt is specifically to facilitate an equity raising and will stay until it can update the market on the outcome of the proposed capital raising. Neometals also confirmed it is unaware of any reason why the halt should not be granted or of any additional information required to inform investors about this temporary suspension.
More about Neometals Ltd
Neometals Ltd is an Australia-listed company whose shares trade on the ASX under the code NMT and on the OTCQX as NMTAY. The company operates in the broader resources and materials sector, with its securities actively traded on public markets and subject to ASX compliance and disclosure rules.
Average Trading Volume: 852,320
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$40.07M
For detailed information about NMT stock, go to TipRanks’ Stock Analysis page.