Norseman Gold (ASX:NGX, LON:NGL) has been granted a trading halt by the ASX pending the release of an announcement about a potential capital raising and company update.
The company expects to make an announcement on or before the commencement of trading on Tuesday 18th October, 2011.
Norseman Gold expects to have all four of its mines at Norseman in Australia commercially producing ore for the treatment plant by the end of the second quarter of the 2012 financial year.