Tivan Limited has responded to a compliance inquiry from ASX regarding statements made in a recent X post by its Executive Chair, Mr Grant Wilson. The social media post claimed that additional outcropping fluorite had been observed at its exploration sites and noted that 88 samples had been collected for assays expected in June. Tivan Limited clarified that while their exploration team had observed surface fluorite mineralisation away from historical drilling points, these findings are preliminary; no quantitative data or estimates regarding grade or quality have been generated at this stage. The company explained that the collection of 88 samples is documented in its internal records, but the assay results remain pending. It emphasized that the information in the X post was based on routine field reconnaissance and did not meet the threshold of material information that would usually impact the price or value of Tivan Limited’s securities. Moreover, trading in the company’s securities had been placed on halt pending the announcement of a separate, confidential transaction. Tivan Limited confirmed that its social media post was issued from Mr Wilson’s personal account and not as an official disclosure from the Board. The company reiterated its commitment to continuous disclosure rules and outlined that any material results from ongoing assays will be communicated to the market in accordance with the ASX Listing Rules and the JORC Code. In an effort to tighten its protocols, Tivan Limited also mentioned plans to update training for directors, officers, and employees regarding continuous disclosure obligations. From a bullish perspective, the preliminary observation of additional fluorite and the initiation of sample assays could signal potential upside if further exploration yields robust results. Enthusiasts might view the forthcoming assay results in June and the upcoming transaction announcement as catalysts for a positive market reassessment. Conversely, a bearish sentiment may arise because the current disclosures are vague and non-quantitative, indicating that the promising initial observations may not necessarily translate into substantial resource value. The fact that these findings were communicated via a personal social media account rather than through formal disclosure channels could also amplify market uncertainty, particularly given the ongoing trading halt.