viewComet Resources Ltd

Comet Resources granted trading halt for proposed capital raising

The company recently appointed experienced executive Matthew O’Kane as its managing director.

Comet Resources Ltd - Comet Resources granted trading halt for proposed capital raising
Shares in the company last traded at 2.5 cents before being halted

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

Shares in the company will remain halted until the earlier of either, the release of relevant information, or, the commencement of trading on Wednesday 20 November, 2019.

New MD to drive Springdale forward

Last week Matthew O’Kane was appointed Comet's managing director.

O’Kane has a career spanning 25 years which has been strongly focused on the mining and commodities sector.

Comet is focused on advancing its high-grade Springdale Graphite Project, in south Western Australia, towards the next stage of development.

Assay results remain pending from completed diamond drilling at Springdale.

Quick facts: Comet Resources Ltd

Price: 0.022 AUD

Market: ASX
Market Cap: $13.48 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Comet Resources Ltd named herein, including the promotion by the Company of Comet Resources Ltd in any Content on the Site, the Company...


Comet Resources says Barraba may host 'multiple VMS deposits'

Comet Resources Limited’s (ASX:CRL) Matt O'Kane tells Proactive's Andrew Scott an initial site investigation of the historical Murchison Copper Mine and Gulf Creek North prospects at the Barraba Copper project has identified extensive surface copper mineralisation. He says widespread evidence of...

on 26/11/20

2 min read