Talga Group Ltd Requests Trading Halt
Key points
- Talga Group Ltd requests trading halt pending announcement
- Company expects to conduct a capital raising through an institutional placement
- Trading halt to remain in place until earlier of market open on May 21 or announcement release
Full summary
Talga Group Ltd (ASX: TLG) has requested a trading halt in its shares, pending the release of an announcement. The company has stated that it expects to conduct a capital raising comprising an institutional placement. The trading halt will remain in place until the earlier of the commencement of normal trading on Wednesday, 21 May 2025, or when the company makes an announcement regarding the outcome of the placement. Talga Group Ltd is not aware of any reason why the trading halt should not be granted or of any additional information necessary to inform the market about the trading halt. The announcement has been authorised for release by the Board of Directors of Talga Group Ltd.
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