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.
