Botswana-focussed Discovery Metals (ASX:DML) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.
The company is a copper producer at its wholly-owned owned Boseto Copper Operation.
DML requested the halt pending the release of a further update regarding the updated financial model and development plan for the proposed underground mining operations condition subsequent (Business Plan) to the Amended and Restated Facility Agreement announced as effective on 21 July 2014.
The halt will remain in place until the opening of trade on Tuesday 16th September 2014, or earlier if an announcement is made to the market.
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