Comet Ridge Halts Trading Ahead of Capital Raising Announcement
Key points
- Trading halt requested to manage continuous disclosure obligations
- Halt effective until announcement or June 24, 2026
- No known reasons for denial of trading halt
Full summary
Comet Ridge Limited (ASX: COI) has requested a trading halt on its securities to manage its continuous disclosure obligations ahead of a significant announcement regarding a proposed capital raising. The halt will remain in effect until the earlier of the announcement release or the commencement of normal trading on June 24, 2026. The company asserts that there are no reasons for the halt to be denied and no additional information necessary for the market.
Outlook
The company anticipates releasing a material announcement regarding a proposed capital raising, which is expected to resume trading after the announcement or by June 24, 2026.
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