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Melbana Energy Limited (ASX:MAY)

ALERT: Price-sensitive ASX Announcement for MAY
Current share price for MAY : $0.004 -0.002 (-33.33%)+
Announcement
Release
12 Jun 2026 9:50AM
Price at Release
$0.006
Full Release
download
Summary
Melbana Energy Limited (ASX: MAY) has requested a trading halt for its securities, effective from 12 June 2026. The halt is intended to allow the company to address potential impacts from anticipated U.S. Government sanctions against Unión Cuba-Petróleo (CUPET) under Executive Order 14404. This pause in trading is necessary for Melbana to obtain necessary advice and manage its disclosure obligations, with trading expected to resume by 16 June 2026 or upon an earlier announcement release.
Key Points
  • Melbana Energy Limited requests a trading halt for its securities.
  • The trading halt is due to an anticipated announcement by the U.S. Government concerning sanctions against Unión Cuba-Petróleo (CUPET).
  • The halt is to remain until the announcement is made or until normal trading resumes on 16 June 2026.
  • Melbana Energy requires time to obtain advice regarding the sanctions.
  • The request is made in compliance with ASX Listing Rule 17.1.
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.