Xanadu Mines Ltd (AU:XAM) has released an update.
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Xanadu Mines Ltd has requested a trading halt on their securities as they prepare to release significant updates including a new Mineral Resource Estimate, Maiden Ore Reserve, and the findings of their Pre-Feasibility Study for the Kharmagtai Project. The halt will be in effect until the earlier of the announcement release or the commencement of normal trading on Wednesday, 16 October 2024. This strategic pause is aimed at ensuring that all investors have access to material information simultaneously.
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