White Cliff Minerals Ltd (ASX:WCN) has been granted a trading halt this morning, pending details of a capital raising.
White Cliff is focused on the Aucu Gold Deposit in central Asia, which continues to reveal visible gold.
The company is also very active at the Merolia Gold in Western Australia, where visible gold has also been identified.
The halt will remain in place until the opening of trade on Friday 28th October 2016, or earlier if an announcement is made to the market.