Estrella Resources (ASX:ESR) is heading to market with a capital raising, with the ASX granting the company a trading halt to prepare.
The company had $400,000 in cash at the end of June 2015.
Estrella said in its June 2015 quarterly that it is reviewing new opportunities.
Currently the company is focused on Chile in South America.
The halt will remain in place until the opening of trade on Monday 3rd August 2015, or earlier if an announcement is made to the market.
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