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Mining

Volt Resources gets ready to raise capital

Shares in the company last traded at 2.9 cents before entering the trading halt.

Volt Resources Ltd (ASX:VRC) has been granted a trading halt by the ASX pending the release of information regarding a capital raising.

Shares in the company will remain halted until the earlier of the release of the relevant information or the commencement of trading on Thursday.

READ: Volt Resources progresses towards securing graphite offtake agreements for stage I of Bunyu project

Volt is a Tanzanian focused flake graphite development company progressing key environmental and mining approvals for its Bunyu Graphite Project.