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Paterson Resources Ltd (ASX:PSL)

ALERT: Price-sensitive ASX Announcement for PSL
Current share price for PSL : $0.036 -0.02 (-35.71%)+
Announcement
Release
5 Mar 2026 9:53AM
Price at Release
$0.056
Full Release
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Summary
Paterson Resources Limited (PSL) responded to an ASX price and volume query regarding an increase in the trading price of its shares from $0.048 to $0.056 and a significant rise in trading volume on 4 March 2026. The company stated that it is not aware of any undisclosed information that could explain the trading changes and confirmed compliance with ASX Listing Rules, particularly Rule 3.1. PSL indicated that the results from its drilling program at the Grace Project, released on 9 and 24 February 2026, are the only relevant information made public, with additional results expected by mid-March. The board of PSL approved the responses to the ASX.
Key Points
  • PSL's share price increased from $0.048 to $0.056.
  • Significant increase in trading volume on 4 March 2026.
  • PSL is unaware of any undisclosed information affecting share trading.
  • Compliance confirmed with ASX Listing Rules, particularly Listing Rule 3.1.
  • Drilling program results released on 9 and 24 February 2026.
  • Expected further drilling results by mid-March.
  • Response authorized by PSL's Board.
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.