Impact Minerals Ltd (ASX:IPT) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.
Impact recently decided to extend its drilling program at the Silica Hill prospect, following intersections including: 5.1 g/t gold equivalent (4 g/t gold and 61 g/t silver).
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The halt will remain in place until the opening of trade on Thursday 31st August 2017, or earlier if an announcement is made to the market.