Tanga Resources (ASX:TRL) shares have been trading higher recently, with the company last changing hands at $0.054, after hitting $0.08 in January.
At the start of the year you could have snapped the company up for $0.013, but this was before the hit of: 16 metres at 55.23g/t gold from 116 metres; was revealed from the Singida Project in Tanzania.
The company has now been granted a trading halt by the ASX, pending details of a capital raising.
The halt will remain in place until the opening of trade on Monday 8th February 2016, or earlier if an announcement is made to the market.
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