Not a good look...
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Frontier Digital Ventures Limited (ASX: FDV or "the Company") requests a trading halt of its securities pursuant
to Listing Rule 17.1 effective immediately.
The Company requests the trading halt to investigate the apparent misappropriation of funds relating to its
Colombian business (trading as Fincaraiz) which was discovered during the weekend. At this stage, the total
amount of the apparent misappropriation of funds is approximately US$430,000. The Company is in the process
of fully investigating these matters.
The Company expects the trading halt to remain in place until the earlier of commencement of trading on
Wednesday, 20 August 2025 and when the Company makes an announcement regarding the above.
The Company is not aware of any reason why the the trading halt should not be granted or of any other
information necessary to inform the market about the trading halt.