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Kidman Resources in trading halt pending capital raising announcement

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Kidman Resources (ASX: KDR) has been granted a trading halt by the ASX pending the release of an announcement about a capital raising.

The company expects to make an announcement on or before the commencement of trading on Wednesday 7 December, 2011.

Kidman has recently discovered two vertical copper lenses during a drilling program at the company’s projects in central New South Wales.

The 19 hole reverse circulation drilling program at the Wilmatha and Blind Calf projects have identified multiple intercepts extending and expanding Kidman’s copper discovery.

Quick facts: Kidman Resources Ltd

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ASX:KDR
Market: ASX
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