Kairos Minerals Ltd (ASX:KAI) is preparing to reveal details of a capital raising, and the ASX has granted the company a trading halt to prepare.
Kairos is set to fast-track a geological review of its extensive West, Central and East Pilbara tenement portfolio, which it pegged last year for its lithium and gold exploration potential.
The halt will remain in place until the opening of trade on Friday 15th September 2017, or earlier if an announcement is made to the market.