Mate, a simple announcement saying we are in the process of...

Mate, a simple announcement saying we are in the process of updating our report in light of the Bell 2 release and the financial report is delayed till xx/xx date, we are currently in the process of arranging additional funding to strengthen our financial position (if that is the case) is sufficient. Either someone has let the media know or the media is making wild speculations, neither is good for management or the share price and sentiment.

And why is suspension good? Why not an extension of the trading halt?

You get suspended because you done something wrong or haven't fulfilled an obligation.