Oro Verde (ASX:OVL) is heading to market with a capital raising. The ASX has granted the company a trading halt, with its shares placed in pre-open.
Recently a Farm-in Agreement was entered between Newcrest Mining (ASX:NCM) and Oro Verde to fund and explore the Topacio Gold Project in Nicaragua.
The halt will last until the opening of trade on Monday 14th December 2015, or earlier if an announcement is made to the market.
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