Is this the reason for the halt? The Public Offer
Macarthur Minerals Limited (ABN) 93 103 011 436) (Macarthur) lodged a Replacement Prospectus with the Australian Securities and Investment Commission on 30 October 2019 for the offer of 20,000,000 shares (Shares) at an issue price of $0.25 per Share to raise a minimum of $5,000,000 with the ability to accept over subscriptions up to a further 10,000,000 Shares to raise a maximum of $7,500,000 (Offer) (before costs of the Offer).
The Lead Manager and Corporate Advisor to the Offer is Shaw and Partners Limited an EFG Company (ABN 24 003 221 583) (AFSL 236048).
Offer Period
The Offer period commences on 31 October 2019 and is expected to close by 28 November 2019. Macarthur may extend the closing date or close the Offer earlier.