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20 NOVEMBER 2014 WWW.PROACTIVEINVESTORS.COM.AU

Canyon Resources looking for capital raising

1MINS READ
Bauxite focussed Canyon Resources is preparing to outline details of a capital raising.

The ASX has granted the company a trading halt, with its shares placed in pre-open.

The company's key project is the Birsok Bauxite Project in Cameroon, with the inaugural drilling program returning high-grade, low impurity bauxite mineralisation.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Friday 21st November.


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