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Dacian Gold heads to market

Last updated: 00:30 09 Nov 2015 GMT, First published: 23:30 08 Nov 2015 GMT

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Dacian Gold (ASX:DCN) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Dacian requested the halt pending a proposed capital raising transaction involving institutional and retail investors.

Shares in the company last traded at $0.72, and recently hit a high of $0.94. This is well up from the start of the year, when the company was trading at $0.28.

The halt will remain in place until the opening of trade on Wednesday 11th November 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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