Sun Silver Ltd. (AU:SS1) has released an update.
Sun Silver Limited has requested an immediate trading halt on its shares in anticipation of a proposed capital raising event. The halt is designed to ensure the capital raising proceeds in an orderly manner, with an expected duration until the earlier of the announcement of the outcome or the resumption of normal trading on September 18, 2024. There are no disclosed reasons suggesting the trading halt should not be granted, as the company seeks to maintain market stability during this period.
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