Tivan Limited Trading Halt: Awaited Joint Venture and Funding Deal for Speewah Fluorite Project Set to Transform Operations

Friday, May 2, 2025
at
5:08 pm
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Tivan Limited has temporarily halted trading pending a market announcement on a binding joint venture and funding agreement for its Speewah Fluorite Project. Trading will resume on May 7, 2025, or once the announcement is released—an important development for beginner traders to watch.

On 2 May 2025, Tivan Limited announced an immediate trading halt in its securities pending the disclosure of critical information. The company has requested the halt until either an official announcement is made concerning its binding joint venture and funding agreement for the Speewah Fluorite Project or until the commencement of normal trading on 7 May 2025. The request has been made in accordance with ASX Listing Rule 17.1, ensuring that the market remains fairly informed about notable developments. In the announcement, Tivan Limited clarified that there is no current basis for market uncertainty beyond this pending news and that no additional information is available at this time. This development indicates that the company is actively finalizing strategic arrangements which could significantly influence its future operations, particularly in the mining sector. Bullish sentiment could emerge if the forthcoming details endorse a strong financial position and robust strategic partnerships, potentially driving investor confidence. However, a bearish view may be held by those concerned about the market opacity during the trading halt and the possibility of unfavorable terms in the binding joint venture. Overall, the news presents a mix of cautious optimism and uncertainty, with the impending disclosure likely setting the stage for subsequent market reactions.

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