"The trading halt is requested pending an announcement by the Company in relation to a capital raising"
Hardly surprising news as you would have to have been living under a rock to not know that a CR was due pretty soon. Will see how it plays out when the details come out for raise price and so on. Never good timing with these, especially with what's happened as of Friday in the uranium space, but it's better to get this out of the way by raising into a small amount of SP strength and share trading volume and then the company can power ahead with hopefully a new drill program to add to the resource and CXU can I hope ride the next phase of the bull market.
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(20min delay)