Ausgold Limited (AU:AUC) has released an update.
Ausgold Limited (AUC) has requested an immediate suspension of its securities from the ASX, as the company is in the process of finalizing a capital raising initiative. The voluntary suspension will remain in effect until an announcement is made about the capital raising or until 8:00 am AWST on June 6, 2024, whichever comes first. This strategic move aims to provide the company with the necessary time to complete the bookbuild for the capital raising.
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