Core Exploration (ASX:CXO) has been granted a trading halt by the SAX pending details of a share placement.
Core's shares have been placed in pre-open.
The company recently commenced a reverse circulation drilling program at its wholly-owned Albarta Project, north east of Alice Springs in the Northern Territory.
The halt will remain in place until the opening of trade on Monday 1st December 2014, or earlier if an announcement is made to the market.
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