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Arrow Minerals enters ASX trading halt ahead of joint venture and capital raise

The company has interest in five projects in Western Australia spanning gold, lithium and nickel.
ASX sign
The market will await further information from the company

Arrow Minerals Ltd (ASX:AMD) has been granted a trading halt by the ASX this morning.

The halt was granted pending the release of information regarding a joint venture transaction and material capital raising.

Arrow shares will remain in a trading halt until further information is released.

READ: Arrow Minerals hits high-grade gold in Eastern Goldfields

Most recently, Arrow received high-grade gold results from its Barlee Gold Project in the Eastern Goldfields region of Western Australia.

Arrow intersected near-surface gold mineralisation at all five Barlee prospects drilled in 2017.

Multiple projects and commodities in Western Australia

During the December quarter, Arrow completed first pass drilling at the Malinda Lithium Project and identified gold nuggets at the Pilbara Gold Project – both in Western Australia.

Arrow also has two nickel projects in Western Australia.

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Arrow Minerals Ltd Timeline

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