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Resolute Mining Limited (ASX:RSG)
ALERT: Price-sensitive ASX Announcement for RSG
Current share price for RSG : $0.995 -0.403 (-28.80%)+
Announcement
Release
14 May 2026 7:17PM
Price at Release
$1.398
Full Release
Summary
Resolute Mining Limited announced the retraction of its previously released Scoping Study for the ABC Project due to the use of 100% inferred resources which did not meet ASX's requirements for forward-looking statements. This resulted in a voluntary trading halt to address disclosure issues with the ASX. Investors have been advised not to base investment decisions on the retracted announcement.
Key Points
- Resolute Mining Limited retracts the announcement of the ABC Project Scoping Study.
- The retraction is due to the reliance on 100% inferred resources for production targets.
- The ASX advised that the forward-looking statements lacked a reasonable basis.
- A voluntary trading halt was requested to resolve disclosure requirements with the ASX.
- Investors are cautioned against relying on the retracted announcement for investment decisions.
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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