PNX Metals Limited (AU:PNX) has released an update.
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PNX Metals Limited has requested and been granted a trading halt by the ASX, in anticipation of an upcoming announcement regarding a potential transaction with Kin Mining NL. The halt is effective from the start of trading on 12 April 2024 and will remain until either the announcement is released or trading resumes on Tuesday, 16 April 2024. Investors eagerly await the details of this announcement, which is expected to significantly impact the company’s stock.
For further insights into AU:PNX stock, check out TipRanks’ Stock Analysis page.