AUR SFR

RNI NL (ASX:RNI) has been granted a trading halt by the ASX this...

  1. Proactive
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    10/10/14
    12:40
    Post #: 14105970

    RNI NL (ASX:RNI) has been granted a trading halt by the ASX this morning pending details regarding the commencement of drilling and a capital raising.

    The company has identified new priority targets at the T10 and Beatty Park prospects within the Cashmans Project, which is located in the Bryah Basin in Western Australia.

    RNI holds a significant foothold in the basin with a 1866 square kilometre holding.

    Adding interest the company also plans to conduct an FLEM survey across its Doolgunna Project, which is strategically located within 3 kilometres of Sandfire Resources' (ASX:SFR) DeGrussa copper-gold mine.

    The halt will remain in place until the opening of trade on Tuesday 14th October 2014, or earlier if an announcement is made to the market.

     

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