Investigator Resources Ltd (ASX:IVR) is focused on the 33 million silver ounce Paris project in New South Wales, with the company planning a pathway to production.
Providing a boost, the price of silver is up 50% during 2016, trading at over US$20 an ounce.
Investigator is now heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.
The halt will remain in place until the opening of trade on Tuesday 19th July 2016, 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.