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Patronus Resources Limited (ASX:PTN)

ALERT: Price-sensitive ASX Announcement for PTN
Current share price for PTN : $0.043 -0.044 (-50.57%)+
Announcement
Release
27 Feb 2026 5:06PM
Price at Release
$0.087
Full Release
download
Summary
The document is a response from Patronus Resources Limited (PTN) to a price query issued by the Australian Securities Exchange (ASX). The query arose due to a significant increase in the trading price and volume of PTN's securities. PTN disclosed that the increase might be linked to recently obtained but unannounced exploration results from its Pine Creek Project. PTN had initially relied on Listing Rule 3.1A to keep this information confidential but later decided to request a trading halt to finalize their announcement. PTN confirmed compliance with the ASX Listing Rules and ensured that their disclosures were authorized by the board.
Key Points
  • ASX issued a price query to Patronus Resources Limited (PTN) due to unusual trading activity.
  • The price of PTN’s securities increased from $0.07 to $0.09 from 20 February 2026 to 27 February 2026.
  • There was also a significant increase in the volume of PTN’s securities traded.
  • ASX requested PTN to confirm if any undisclosed information could explain these trading patterns.
  • PTN acknowledged having undisclosed information regarding exploration results from the Pine Creek Project.
  • PTN relied on Listing Rule 3.1A to withhold information but requested a trading halt.
  • PTN confirmed compliance with ASX Listing Rules and stated the board approved their responses.
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.