Long Term Suspended Entities
| Stock | Pacific Nickel Mines Ltd (PNM.ASX) |
|---|---|
| Release Time | 17 Apr 2026, 2:52 p.m. |
| Price Sensitive | Yes |
ASX Announces Long-Term Suspended Entities
- List of entities suspended for over 3 months
- Deadlines for lodging outstanding reports and resuming trading
- Entities may be removed if deadlines not met
The ASX has announced a list of entities that have been suspended from trading for more than three months. The announcement provides details on the outstanding periodic reports that each entity has failed to lodge, as well as the deadlines for lodging the oldest outstanding report (1 year deadline) and the deadline for the entity to execute its plans for trading in its securities to resume, to ASX's satisfaction (2 year deadline). If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list, with the removal usually taking effect from the open of trading on the first trading day after the deadline date. The ASX recommends that long-term suspended entities implement a system of periodic (at least quarterly) disclosures to ensure the market and security holders are provided with regular updates on the entity's status and plans for resuming trading. The ASX's removal policy for long-term suspended entities is explained in Listing Rules Guidance Note 33, and in limited circumstances, ASX may grant a short extension to the deadline date. The ASX reminds long-term suspended entities that reinstatement of their securities to quotation is not granted automatically on application, even if the suspension was imposed at the entity's request, as ASX must be satisfied that the reasons for the ongoing suspension have been addressed and that the entity complies with the Listing Rules at the point of reinstatement.