InvestSMART

Hawsons Iron Ltd (ASX:HIO)

ALERT: Price-sensitive ASX Announcement for HIO
Current share price for HIO : $0.013 -0.011 (-45.83%)+
Announcement
Release
12 Jun 2025 11:04AM
Price at Release
$0.024
Full Release
download
Summary
Hawsons Iron Ltd (HIO) submitted its request to the ASX for reinstatement to quotation following a voluntary suspension. In the announcement dated 28 June 2024, the company responded comprehensively to ASX queries regarding its financial standing, funding plans, project updates, and compliance with listing rules. The company provided detailed information about its cash position, recent and planned capital raising, and ongoing progress with the Hawsons Iron Project. Hawsons Iron Ltd affirmed full compliance with ASX Listing Rules, including continuous disclosure requirements, and confirmed that no issues remain that would prevent reinstatement. The announcement reflects the company’s readiness to resume trading on the ASX.
Key Points
  • Hawsons Iron Ltd (HIO) has requested reinstatement to official quotation on the ASX following a voluntary suspension.
  • The company has provided responses to ASX queries regarding its financial position, funding, project progress, and compliance with listing rules.
  • Hawsons Iron Ltd has outlined its current cash position, recent capital raising initiatives, and funding strategies.
  • The company is progressing with its flagship Hawsons Iron Project, providing updates on project milestones and future plans.
  • Hawsons Iron Ltd has affirmed it is compliant with the ASX Listing Rules, including continuous disclosure obligations.
  • The board and management have confirmed there are no impediments to the company’s securities being reinstated to quotation.
  • Hawsons Iron Ltd has addressed all outstanding queries from the ASX to the satisfaction of the exchange.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.