New Age Exploration Limited ( (AU:NAE) ) has provided an announcement.
New Age Exploration Limited (NAE) has requested a trading halt on its securities on the ASX as it prepares to make a significant announcement related to a material capital raising. This move is intended to help the company manage its disclosure obligations and is expected to conclude before the start of normal trading on March 5, 2025. The trading halt reflects NAE’s strategic efforts to secure funding and potentially enhance its operational capabilities and market positioning.
More about New Age Exploration Limited
New Age Exploration Limited (NAE) operates in the exploration industry, focusing on identifying and developing mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in various exploration projects aimed at capital raising and expanding its market presence.
Current Market Cap: A$10.78M
For detailed information about NAE stock, go to TipRanks’ Stock Analysis page.