Request for Trading Halt
Environmental Clean Technologies Limited (ASX: ECT) (the Company) requests an immediate trading halt in the Company’s securities pursuant to ASX Listing Rule 17.1.
The Company is preparing an announcement regarding capital raising.
We are not aware of any reason why the trading halt should not be granted, and we anticipate that the halt will be ended by an announcement by the Company on the status of the negotiations related to the capital raise by 10am on Wednesday 7 April 2021.
I just don't recall seeing negotiations as part of public/shareholder offering before. Suggests that they are either coming to terms with a debt facility or a strategic investor or some other group. Time will tell
Could be wrong tho
Ann: Trading Halt, page-28
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| Open | High | Low | Value | Volume |
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