Mount Ridley Mines Ltd (ASX:MRD) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.
Last month the company identified new massive nickel sulphide potential at the wholly-owned Mt Ridley Project in the Albany-Fraser Range Province.
The halt will remain in place until the opening of trade on Tuesday 12th April 2016, or earlier if an announcement is made to the market.
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