Interra Resources has been granted another 12-month extension by Singapore Exchange S68 Securities Training (SGX-ST) to meet the criteria required to be removed from the SGX watch-list.
The previous waiver granted by SGX-ST is set to expire on Dec 4.
For its FY2023, Interra Resources recorded a consolidated pre-tax profit, which fulfilled one of the requirements under the exit criteria.
However, as at Oct 25, the company had not had an average daily market capitalisation of $40 million or more over the last six months.
The waiver granted to Interra Resources expires on Dec 4, 2025.
Shares in Interra Resources closed unchanged at 3.7 cents on Nov 28.
