Sign up Australia
Proactive Investors - Run By Investors For Investors

Sovereign Metals granted ASX trading halt

Sovereign Metals granted ASX trading halt

Sovereign Metals (ASX:SVM) has been granted a trading halt by the ASX pending details regarding the appointment of a corporate advisor and a capital raising.

The company is currently focussed on the Duwi Flake Graphite Project in Malawi.

A Scoping Study has commenced to examine production scenarios of around 40,000 tonnes and 100,000 tonnes of flake graphite per annum.

The halt will remain in place until the opening of trade on Thursday 13th August 2015, 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.

View full SVM profile

Sovereign Metals Timeline

Related Articles

gold_nuggets,_sized_5823aab086374.png
November 10 2016
Shares in Exterra are trading up 7 times year to date, currently priced at $0.07.
elk-petroleum_brad-lingo-757.jpg
February 03 2017
Brad Lingo discussed with investors ELK's assets in the U.S.
Gold-plus-dollars.jpg
March 17 2017
Petropavlovsk's pending use of pressure oxidation processing technology will boost production significantly

© 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