Sign up Australia
Proactive Investors - Run By Investors For Investors

Sipa Resources Ltd to reveal details on capital raising

Sipa Resources Ltd to reveal details on capital raising

Sipa Resources Ltd (ASX:SRI) has been granted a trading halt by the ASX today, pending details on a placement and share purchase plan.

The halt will remain in place until the opening of trade on Wednesday 20th July 2016, or earlier if an announcement is made to the market.

Sipa has recently completed a drilling program at the Akelikongo nickel-copper prospect in Northern Uganda.

The company also completed a Farm-in and Joint Venture Agreement with Ming Gold Limited for copper-gold exploration at the Paterson Province in Western Australia.

Drilling at the Great Sandy Gold-Copper Project in the Paterson Province will commence in a couple of weeks.


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.

Register here to be notified of future SRI Company articles
View full SRI profile View Profile

Sipa Resources Timeline

Related Articles

October 04 2017
In May, the group formed a joint venture, which combines the Chinchillas project with Silver Standard's producing Pirquitas operation in Argentina
galileo resources team at Concordia copper project
May 15 2017
“We consider the drill programme a success and consider our in-house model for Concordia is developing favourably towards a major copper resource”
mining truck
September 04 2017
"I am delighted to report the intersection of substantial thicknesses of rock identified as perlite and pozzolan,” said Patrick Cheetham, Sunrise executive chairman.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use