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Rox Resources granted ASX trading halt

Last updated: 00:30 29 Oct 2015 GMT, First published: 23:30 28 Oct 2015 GMT

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Rox Resources (ASX:RXL) is preparing to head to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

The explorer has been busy during the September 2015 quarter, and carried out aircore drilling and prefeasibility studies on the Fisher East nickel sulphide project in Western Australia.

It also received assays from drilling at the Teena prospect (Reward zinc project) in the Northern Territory.

The halt will remain in place until the opening of trade on Monday 2nd November 2015, 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.

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