Response to ASX Price and Volume Query
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| Stock | Cosmos Exploration Ltd (C1X.ASX) |
|---|---|
| Release Time | 4 Mar 2026, 9:48 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
C1X Announces Intention to Exercise EAU Lithium Option and Raise A$5.0 Million
Key Points
- C1X to exercise EAU Lithium Option
- Company to raise A$5.0 million through a placement
- Announcement to be released imminently
Full Summary
Cosmos Exploration Ltd (C1X.ASX) has responded to an ASX price and volume query, stating that other than an announcement to be released imminently regarding its intention to exercise the EAU Lithium Option and raise A$5.0 million through a placement, the company is not aware of any undisclosed information that could explain the recent trading in its securities. The company has confirmed that it is complying with its continuous disclosure obligations under the Listing Rules. Upon receipt of the ASX query, C1X requested an immediate trading halt pending the release of the response and the upcoming announcement.
Guidance
C1X expects to exercise the EAU Lithium Option and raise A$5.0 million through a placement in the coming period.
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