Archer Materials Ltd (ASX:AXE, OTC:ARRXF) and Tietto Minerals Ltd (ASX:TIE) have today been granted trading halts by the ASX.
The halt for Archer is in place as it prepares to make a capital raising announcement while Tietto Minerals Ltd has been granted a halt pending an announcement in relation to a Definitive Feasibility Study at the Abujar Gold Project.
Both halts will be in place until the start of regular ASX trade on Tuesday, October 5, or until an announcement is released to the market, whichever occurs earliest.
About Archer Materials
Archer is a materials technology company engaged in developing and integrating materials in quantum computing, biotech and li-ion batteries.
The company is engaged in the development of innovative deep tech in quantum computing, biotechnology, and reliable energy.
It has strong intellectual property, world-class in-house expertise, a unique materials inventory, and access to Tier 1 technology development infrastructure.
About Tietto Minerals
Tietto Minerals is focused on growing a multi-million-ounce gold resource at its flagship Abujar Gold Project in Côte D’Ivoire, West Africa.
The Abujar Project, which is close to good regional and local infrastructure to facilitate exploration and development, is on track to be West Africa’s next gold mine with first gold targeted for the fourth quarter of 2022.
The project comprises three contiguous tenements with a total land area of 1,114 square kilometres and has a growing mineral resource of 87.5 million tonnes at 1.2 g/t gold for 3.35 million ounces.