Forrestania Resources Limited (AU:FRS) has released an update.
Forrestania Resources Limited has requested a trading halt on their securities, effective from 24 May 2024, as they prepare to announce a potential acquisition. The halt is anticipated to last until the earlier of two events: the start of normal trading on 28 May 2024 or the release of the acquisition details to the market. This strategic move is aimed at managing market reactions and is a standard procedure in such significant corporate developments.
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