Argent Minerals (ASX:ARD) has been granted a trading halt by the ASX, pending details of a capital raising.
The company holds a portfolio of highly prospective projects in New South Wales.
A resource upgrade for Kempfield is pending which could see the project reach the 100 million ounces of silver equivalent mark.
Assays are also due from West Wyalong in coming months, followed by drilling at Lock Lilly.
The halt will remain in place until the opening of trade on Thursday 20th April 2017, or earlier if an announcement is made to the market.