Marmota (ASX:MEU) has been granted a trading halt by the ASX, pending details related to a capital raising via placement.
The halt will remain in place until the opening of trade on Friday, 17th February 2017, or earlier if an announcement is made to the market.
Marmota is a mining exploration company focused on gold, copper and uranium.
Earlier this year the company commenced its copper exploration program in the Yorke Peninsula, in South Australia.