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Ferrum halts ASX trade prior to capital raise

Ferrum halts ASX trade prior to capital raise

Photo by Bloomberg

7th October 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – Triple-listed Ferrum Crescent on Tuesday temporarily halted trading of its shares on the ASX ahead of a proposed capital raise.

The South Africa-focused iron-ore developer said in a statement to shareholders that trading in its shares would resume on Thursday after the announcement of the fund raising plan.

Trading in Ferrum’s shares would continue on the Aim.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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