InvestSMART

Bowen Coking Coal Limited (ASX:BCB)

ALERT: Price-sensitive ASX Announcement for BCB
Current share price for BCB : $0.075 -0.021 (-21.88%)+
Announcement
Release
26 Jun 2025 9:48AM
Price at Release
$0.096
Full Release
download
Summary
Bowen Coking Coal Limited (ASX: BCB) announced a voluntary suspension from quotation effective from 4 June 2024. The company requested the suspension pending the release of an announcement regarding a material funding transaction. This move follows a previous trading halt and is intended to provide BCB time to finalize details of the funding arrangement, which is expected to have a significant impact on the company. BCB anticipates making the relevant announcement by 6 June 2024 or earlier and has committed to updating the market as soon as practicable. The suspension is intended to ensure an orderly market while the funding announcement is being prepared.
Key Points
  • Bowen Coking Coal Limited requested voluntary suspension from quotation on 4 June 2024.
  • Suspension is pending an announcement about a material funding transaction.
  • The company previously entered a trading halt before moving to voluntary suspension.
  • The anticipated funding transaction is expected to have a significant impact on BCB.
  • BCB aims to release the related announcement by 6 June 2024 or earlier.
  • The suspension is to maintain an orderly market until the funding announcement is made.
  • BCB will update the market as soon as practicable with further information.
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.