Pilbara Minerals (ASX:PLS) is on the road to a capital raising, with the ASX granting the company a trading halt to prepare.
The company plans to fast-track the evaluation and development of its wholly-owned Pilgangoora Lithium-Tantalum Project.
The project is located 150 kilometres south-east of Port Hedland in Western Australia’s Pilbara region.
The halt will remain in place until the opening of trade on Monday 1st June 2015, or earlier if an announcement is made to the market.
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