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True North Copper Limited (ASX:TNC)

ALERT: Price-sensitive ASX Announcement for TNC
Current share price for TNC : $0.410 0.38 (1,266.67%)+
Announcement
Release
22 Oct 2024 9:01AM
Price at Release
$0.030
Full Release
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Summary
True North Copper Limited (TNC) has been suspended from quotation on the ASX following the appointment of voluntary administrators due to inadequate financial conditions. The suspension is under Listing Rule 17.3.1, with the ASX determining that TNC does not comply with Listing Rule 12.2. The securities will remain suspended until compliance is achieved.
Key Points
  • True North Copper Limited's securities suspended from ASX quotation.
  • Suspension effective immediately following appointment of voluntary administrators.
  • ASX cites inadequate financial conditions for the suspension.
  • Suspension under Listing Rule 17.3.1 and non-compliance with Listing Rule 12.2.
  • Securities will remain suspended until compliance with Listing Rules is met.
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.