RNI Limited (ASX:RNI) has been granted a trading halt by the ASX pending details of a capital raising.
Last week RNI revealed that the Taurus Resources No 2 Fund had agreed to extend the repayment deadline on the company’s debt facility to enable RNI to conclude the orderly sale of its gold assets to Metals X Limited (ASX: MLX).
The halt will remain in place until the opening of trade on Wednesday 5th August 2015, or earlier if an announcement is made to the market.
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