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Evolution Mining Ltd to update on raising

Evolution Mining Ltd (ASX:EVN) has been granted a trading halt by the ASX (1 + 2 business days) pending the outcome of the institutional component of an accelerated renounceable entitlement offer.

Evolution's FY16 results included an underlying profit up 114% to A$226.9 million.

The halt will remain in place until the opening of trade on Monday 29th August 2016, or earlier if an announcement is made to the market.

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