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WPG Resources Ltd to reveal acquisition and capital raising

Published: 20:30 24 Jul 2016 EDT

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WPG Resources Ltd (ASX:WPG) recently became Australia's newest gold producer, following the first pour at the Challenger joint venture in South Australia.

The company is now preparing to reveal details of an acquisition, and a subsequent capital raising.

The ASX has granted the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Wednesday 27th July 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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