PXG 0.00% 15.0¢ phoenix gold limited

Ann: Trading Halt , page-2

  1. 3,351 Posts.
    Trading halt due to a capital raising...am pleased that they are locking up some notes into the treasury. Hopefully, its a nominal dilution and at a good price. More importantly, i am interested to know what they will be doing with the money.

    Currently, they have been prudent with their cash-in-bank since the IPO six months ago by increasing their resources to approx 1.4 million ounces.
 
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Currently unlisted public company.

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