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Todd River Resources Ltd. ( (AU:TX3) ) has provided an announcement.
Trinex Minerals Limited, a company listed on the Australian Securities Exchange (ASX), has requested a trading halt for its ordinary shares. This halt is to facilitate a capital raising process, allowing the company time to formalize the raising. The trading halt is expected to last until the earlier of the release of a related announcement or the commencement of normal trading on 15 May 2025. This move is significant as it indicates the company’s strategic efforts to secure additional capital, which could impact its financial standing and market operations.
More about Todd River Resources Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.93M
Learn more about TX3 stock on TipRanks’ Stock Analysis page.