Gold-producer Evolution Mining (ASX:EVN) has been granted a 2 + 2 business days trading halt by the ASX, which will last until the opening of trade on Friday 29th May 2015.
Evolution requested the halt pending the outcome of the institutional component of an accelerated renounceable entitlement offer.
During the March quarter 2015 the company produced in line with guidance 103,305 gold ounces.
This included a C1 cash cost of A$736 per ounce (US$579/oz) and AISC of A$1,024 per ounce (US$806/oz).
Evolution for the period delivered quarterly free cash flow of A$26.9 million.
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