West African gold-explorer Predictive Discovery (ASX: PDI) is heading to market with a capital raising, with the Australian Stock Exchange this morning granting the company a trading halt.
Predictive's shares are currently in pre-open.
Recently the company unfurled: 68 metres at 3.2g/t gold, including 8 metres at 10g/t gold at Bongou, which is located in eastern Burkina Faso.
The halt will remain in place until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 29th January 2014.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.