Krakatoa Resources Requests Trading Halt
Key points
- Krakatoa Resources requests immediate trading halt
- Pending announcement of a capital raise
- Trading halt to be lifted on earlier of June 18 or announcement release
Full summary
Krakatoa Resources Ltd (ASX: KTA) has requested an immediate voluntary trading halt of the company's securities on the Australian Securities Exchange (ASX). The trading halt has been requested pending the announcement of a capital raise by the company. The company has requested that the trading halt be lifted on the earlier of the commencement of normal trading on Wednesday, 18 June 2025 or when the anticipated announcement is released to the market. Krakatoa Resources has stated that it is not aware of any reason why the trading halt should not be granted, nor any other information necessary to inform the market about the trading halt.The company's current capital structure includes 620,134,025 fully paid shares, 80,000,000 performance rights, and 20,000,000 options.
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