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PepinNini Minerals Limited ( (AU:PNN) ) just unveiled an announcement.
Power Minerals Limited has requested a voluntary suspension of trading in its securities on the ASX, following an earlier trading halt granted on 27 February 2026 related to a proposed capital raising. The suspension will remain in place until the company finalises the terms of the capital raising and issues an accompanying market announcement, expected by 5 March 2026.
The move is intended to manage the company’s continuous disclosure obligations while it completes the capital raising arrangements, temporarily limiting trading but aiming to ensure all investors receive material information simultaneously. The ASX has suspended quotation of PNN shares under Listing Rule 17.2 and the company has stated it is not aware of any reason the suspension should not be granted or of any further information required to inform the market.
The most recent analyst rating on (AU:PNN) stock is a Sell with a A$0.11 price target. To see the full list of analyst forecasts on PepinNini Minerals Limited stock, see the AU:PNN Stock Forecast page.
More about PepinNini Minerals Limited
Power Minerals Limited, listed on the ASX under the code PNN, operates in the minerals and resources sector. The company is headquartered in Western Australia and focuses on exploration and development activities, positioning itself to access capital markets for funding its projects and growth initiatives.
YTD Price Performance: 42.86%
Average Trading Volume: 2,104,355
Technical Sentiment Signal: Hold
Current Market Cap: A$33M
See more insights into PNN stock on TipRanks’ Stock Analysis page.