News: Southern Hemisphere Mining to reveal material project transaction

Southern Hemisphere Mining (ASX:SUH) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Southern Hemisphere requested the halt pending a proposed material project transaction and capital raising.

The halt will remain in place until the opening of trade on Monday 11th May 2015, or earlier if an announcement is made to the market.

Southern Hemisphere is a copper-gold explorer and developer in Chile, South America.

In the March 2015 quarterly the company said it expects to shortly complete its first acquisition within the Llanos Cluster.