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Desert Metals Limited (ASX:DM1)
ALERT: Price-sensitive ASX Announcement for DM1
Current share price for DM1 : $0.010 -0.019 (-65.52%)+
Announcement
Release
25 Aug 2025 9:36AM
Price at Release
$0.029
Full Release
Summary
Desert Metals Limited (DM1) announced that the voluntary suspension of its securities on the ASX will be lifted and trading in its shares will be reinstated following the release of an announcement regarding a capital raising. The company requested the voluntary suspension on 29 June 2023 pending the release of information pertaining to a proposed capital raising to support its exploration and development activities. With the announcement of the capital raising now made, DM1's securities will resume trading on 3 July 2023. The company thanked shareholders for their patience during the suspension period.
Key Points
- Desert Metals Limited (DM1) requested a voluntary suspension of trading on 29 June 2023.
- The suspension was pending an announcement about a proposed capital raising.
- The capital raising announcement has now been made.
- Trading in DM1 shares on the ASX will resume on 3 July 2023.
- The company expressed gratitude to shareholders for their patience.
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.
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