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De Grey enters trading halt ahead of option underwriting

Published: 13:31 20 Nov 2018 AEDT

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Peter Hood was recently appointed as non-executive director

De Grey Mining Ltd (ASX:DEG) has been granted a trading halt by the ASX this morning pending the release of information regarding the underwriting of listed options in the company.

Shares in the company will remain halted until the earlier of, either the release of relevant information, or the commencement of trading on Thursday 22 November 2018.

READ: De Grey Mining appoints Peter Hood as non-executive director

Earlier this month, De Grey received initial positive results from trial bulk sampling at Loudens Patch within the Pilbara Gold Project in Western Australia.

Additionally, De Grey’s recent drilling program successfully intersected high-grade underground lodes below the Withnell proposed open pit.

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