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Sumatra Copper & Gold PLC heads down capital raising drive

Published: 12:30 30 Jul 2015 AEST

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Emerging gold and silver producer Sumatra Copper & Gold PLC (ASX:SUM) is readying to reveal details of a capital raising.

The ASX has granted the company a trading halt to prepare, with its shares placed in pre-open.

The company expects to pour its first gold in the first half of the fourth quarter of 2015.

The halt will remain in place until the opening of trade on Monday 3rd August 2015, or earlier if an announcement is made to the market.

 

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