Ramelius Resources Ltd's (ASX:RMS) shares have recently been trading at 12-month highs, as the gold producer continues to benefit from the high price of the yellow metal in Australian dollars
Ramelius is now taking the opportunity to increase its cash position, and the ASX has granted the company a trading halt pending capital raising details.
The halt will remain in place until the opening of trade on Tuesday 26th July 2016, or earlier if an announcement is made to the market.
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