Integra Mining (ASX: IGR) has been granted a trading halt by the ASX pending a capital raising announcement by the company, with the shares placed in pre-open.
Integra is yet to indicate which project the potential new inflow of funds will be allocated to, but studies are currently underway at the company's gold projects in Western Australia after a recent massive boost in gold resources.
Last month the company had a 40% increase in mineral resources to 2.5 million gold ounces.