1. The trading halt is requested pending an announcement regarding the release of a material increase in the Ore Reserve at Gruyere. 2. Gold Road anticipates that the trading halt will be lifted on or before market open on Thursday, 28 October 2021 by provision of an announcement to the ASX regarding the material increase in the Ore Reserve at Gruyere.
3. Gold Road is not aware of any reason why the trading halt should not be granted.
4. The material increase in the Ore Reserve at Gruyere is the Ore Reserve increase that Gold Road has guided the market would be delivered in the second half of 2021. Gold Road is not aware of any other information necessary to inform the market about the trading halt.
This is a welcome surprise and one that we have all been waiting for. Really happy for some good news, as it has been really dry on that front. In fairness though, these guys just get on with business.
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