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South American Iron & Steel Corporation to raise capital

Last updated: 11:30 17 Dec 2012 AEDT, First published: 10:30 17 Dec 2012 AEDT

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South American Iron & Steel Corporation (ASX: SAY) has been placed in pre-open this morning pending capital raising details.

The company has projects in both Ecuador and Chile.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 19th December.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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