T92 Suspends Shares Pending Acquisition and Capital Raise Details

Trading Halt Signals Major Corporate Move

Terra Critical Minerals Limited (ASX, T92), a player in the critical minerals sector, has requested an immediate voluntary suspension of its securities from trading. This move, effective from 28 November 2025, comes ahead of an anticipated announcement concerning a proposed acquisition and an options entitlements offer.

Context and Market Implications

The suspension, approved by the company's board, is a standard regulatory measure designed to ensure a level playing field for all investors. It prevents trading on potentially market-moving information until the details are formally disclosed. The halt will last until the earlier of normal trading resumption on 1 December 2025 or the release of the announcement.

While the specifics of the acquisition remain under wraps, such corporate actions often signal strategic growth or diversification efforts. The accompanying options entitlements offer suggests Terra Critical Minerals is planning to raise capital, potentially to fund the acquisition or support expanded operations.

Investor Watchfulness Advised

Investors should prepare for volatility once trading resumes, as the market digests the acquisition's terms and the capital raising details. The company's move to secure critical minerals assets aligns with broader industry trends, where demand for these resources is intensifying due to their role in clean energy and technology sectors.

Terra Critical Minerals’ decision to suspend trading reflects a cautious approach to regulatory compliance and market communication, underscoring the material nature of the forthcoming announcement.