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Canyon Resources Ltd

Canyon Resources Ltd gets ready to raise

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Canyon Resources Ltd (ASX:CAY) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

Canyon has recently been working on the optimal logistical and commercial solution for exporting bauxite from Cameroon.

The halt will remain in place until the opening of trade on Friday 11th March 2016, or earlier if an announcement is made to the market.

 

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Quick facts: Canyon Resources Ltd

Price: $0.16

Market: ASX
Market Cap: $68.71 m
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