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Megado Minerals Limited (ASX:MEG)
ALERT: Price-sensitive ASX Announcement for MEG
Current share price for MEG : $0.017 -0.003 (-15%)+
Announcement
Release
9 Apr 2026 9:17AM
Price at Release
$0.020
Full Release
Summary
Megado Minerals Limited (ASX: MEG) announced a trading halt on 9 April 2026, pending a significant announcement related to a proposed capital raising. The company requested this halt to manage its continuous disclosure obligations under the ASX Listing Rules and the Corporations Act 2001, as the announcement is expected to be material to the market. The securities of Megado Minerals Ltd will remain halted until the earlier of the commencement of normal trading on 13 April 2026 or the release of the announcement. This request was made in accordance with ASX Listing Rule 17.1, and Megado Minerals Ltd assured there were no reasons why the halt should not be granted.
Key Points
- Trading halt requested by Megado Minerals Limited on 9 April 2026.
- The halt is pending a significant announcement regarding a proposed capital raising.
- The halt will remain until the earlier of 13 April 2026 or the announcement release.
- The halt is to manage continuous disclosure obligations under ASX rules.
- Megado assured there are no reasons against the halt being granted.
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.
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