Adavale Resources (ASX:ADD) Trading Halt

Adavale Resources Limited (ASX: ADD) has requested a trading halt on the Company's securities effective immediately, pending the release of an announcement in relation to a capital raising.

The trading halt will remain in place until the earlier of an announcement to the market or the commencement of trade on Wednesday, 15th March 2023.

The request has been authorized by the Board of Adavale Resources Limited.

Following the announcement, shares of Adavale Resources Limited (ASX:ADD) were unchanged at $0.017.