Iris Metals Ltd Requests Trading Halt
Key points
- Iris Metals Ltd requests trading halt pending announcement on capital raising
- Trading halt to remain in place until earlier of 31 July 2025 or release of announcement
- Company not aware of any reason why trading halt should not be granted
Full summary
Iris Metals Ltd (ASX: IR1) has requested a trading halt on its shares pending an announcement in relation to a capital raising program. The company has requested the trading halt to remain in place until the earlier of the commencement of normal trading on Thursday, 31 July 2025, or when the company releases the intended announcement. Iris Metals is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt. The company is an exploration company with an extensive suite of assets considered to be highly prospective for hard rock lithium located in South Dakota, United States. The Black Hills region has a long history of mining and is known for its large lithium spodumene crystals.
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