Element 25 Requests Trading Halt for Capital Raising
Key points
- Proposed capital raising to fund Butcherbird Project expansion and manganese refining technology
- Announcement pending on Monday, 13 April 2026
- Halt requested until announcement release or market open on 13 April
Full summary
Element 25 Ltd has requested a trading halt on its securities, effective from the commencement of normal trading on 9 April 2026, pending the release of an announcement regarding a proposed capital raising. The capital raising is intended to fund works to expand production at the Butcherbird Project, advance the company's planned manganese refining technology to produce high purity manganese sulphate monohydrate (HPMSM), and provide general working capital. The trading halt will remain in place until the earlier of the commencement of normal trading on Monday, 13 April 2026, or the release of the announcement regarding the proposed capital raising.
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