Celsius Resources Requests ASX Trading Halt
Why we think this is neutral
The RNS announcement indicates that Celsius Resources has requested a trading halt on the ASX, pending the release of an announcement related to a capital raise. As no financial details are provided, the impact of this news cannot be assessed at this time. A neutral sentiment is warranted until more information is available.
Key Points
- Celsius Resources has requested a trading halt on the ASX
- The trading halt is pending the release of an announcement related to a capital raise
- The trading halt will remain in place until the earlier of the company making an announcement or the commencement of trading on or before 10 March 2025
Summary
The mining company has requested a trading halt on the ASX as it prepares to announce details of a capital raise.
Celsius Resources Limited has requested a trading halt on the Australian Securities Exchange (ASX) effective immediately, pending the release of an announcement in relation to a capital raise. The trading halt will remain in place until the earlier of the company making an announcement or the commencement of trading on or before Monday, 10 March 2025.
Key Dates
10 March 2025
Announcement of capital raise details
GENERAL UPDATE