Metgasco Ltd (AU:MEL) has released an update.
Metgasco Ltd has requested a trading halt on their securities in anticipation of an upcoming announcement regarding a proposed capital raising effort. The halt will remain in effect until the company makes its announcement or when trading resumes on Friday, 10 May 2024, whichever comes first. The company has assured that there are no known reasons why the halt should not be granted and there is no other information necessary to inform the market at this time.
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