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Triangle Energy (Global) Limited (ASX:TEG)

ALERT: Price-sensitive ASX Announcement for TEG
Current share price for TEG : $0.001 0 (0%)+
Announcement
Release
16 Jul 2026 9:10AM
Price at Release
$0.001
Full Release
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Summary
Triangle Energy (Global) Limited (TEG) announced the immediate suspension of its securities from quotation on the ASX, due to the ongoing uncertainty involving a binding transaction with Pilot Energy Ltd, which has entered voluntary administration. TEG requested the voluntary suspension under ASX Listing Rule 17.2 to prevent trading on an uninformed basis, and it will remain in place until either the commencement of trading on 21 July 2026 or until TEG provides an update on the situation. The company is seeking advice on its role as the seller of the Cliff Head project and its position as a secured creditor over Pilot Energy.
Key Points
  • Triangle Energy (Global) Limited requested a voluntary suspension of its ordinary shares.
  • The suspension is related to a binding transaction with Pilot Energy Ltd concerning the Cliff Head project.
  • Pilot Energy has entered voluntary administration as of 14 July 2026.
  • TEG is assessing its position as the Cliff Head project seller and as a secured creditor over Pilot Energy.
  • The suspension will remain until 21 July 2026 or until an update is provided.
  • TEG states the importance of preventing uninformed trading in the market.
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.