InvestSMART

Paterson Resources Ltd (ASX:PSL)

ALERT: Price-sensitive ASX Announcement for PSL
Current share price for PSL : $0.036 -0.009 (-20%)+
Release
29 Jan 2026 2:15PM
Price at Release
$0.045
Full Release
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Summary
Paterson Resources Ltd (PSL) received a price and volume query from the ASX following a notable increase in its share price and trading volume. The price of PSL's securities rose from $0.038 to $0.045, and there was a significant increase in traded volume. PSL responded that it was not aware of any undisclosed information that could explain this trading activity. The company stated that it is in compliance with the ASX Listing Rules and confirmed that the responses were authorized by its Board. PSL mentioned that it expects results from its drilling program at the Grace Project in early February.
Key Points
  • PSL experienced a price increase from $0.038 to $0.045.
  • There was a significant increase in the volume of traded securities.
  • PSL is not aware of any undisclosed market-sensitive information.
  • Confirmation of compliance with ASX Listing Rule 3.1.
  • Upcoming drilling results from the Grace Project expected in early February.
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.