PhosCo Ltd (ASX:PHO) Requests Trading Halt
Trading Halt Announcement
PhosCo Ltd (ASX: PHO) has requested an immediate trading halt for its ordinary shares. This decision is pending an announcement regarding an exploration permit integral to PhosCo’s plans for developing Tunisia’s Northern Phosphate Basin.
The halt, requested as per ASX Listing Rule 17.1, is aimed at assisting the company in managing its continuous disclosure obligations. The securities will remain halted until the earlier of the resumption of normal trading on Monday, 25 November 2024, or the release of the announcement to the market.
Next Steps
PhosCo expects to disclose important information about the exploration permit prior to the commencement of normal trading on the specified date. The company is not aware of any reasons that would prevent the trading halt from being granted.
PhosCo Ltd (ASX:PHO) requests a trading halt to provide crucial information regarding an exploration permit.
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