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Zenith Minerals Ltd (ASX: ZNC) has announced a trading halt

Zenith Minerals Ltd (ASX: ZNC) has announced a trading halt.

There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement.

Zenith Minerals Ltd has requested the trading halt over the Company’s securities pending the release of an announcement relating to material lithium drilling results from the Split Rocks project.

Trading halts are typically enacted in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch or due to regulatory concerns.

Halts may also be triggered by severe down moves, in what are called circuit breakers or curbs.

The trading halt will remain in place until normal trading commences on April 4, 2022 or when the company announcement is made.

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