Ann: Trading Halt, page-14

"Dual-listed copper and gold exploration company RTG is raising up to $14 million to advance its Mabilo Project.RTG currently owns a 40 per cent stake in the Philippines-based Mabilo Project, for which there is a committed term sheet for the debt finance and offtake agreement for the development of stage one.Explorer RTG Mining is raising fresh funds. Eddie JimThe company has Euroz Hartleys and INTE acting as joint lead managers, while Foster Stockbroking is co-manager.The raise, which will be between $11 million and $14 million, will take the form of a single tranche placement of new securities.Priced at 9¢ per share, the offer comes at a 25 per cent discount to the company’s last traded price.The capital raised will also be used to undertake a three-hole drilling program focused on a porphyry target, and pursue new business opportunities, including its Panguna Project in Bougainville.Brokers are calling for bids by 2pm Australian Western Standard Time." Australian Fianncial Review