Gold and silver producer Troy Resources (ASX:TRY) has been granted a trading halt by the ASX pending details of a capital raising and share purchase plan.
The Group’s cash at 31 March 2015 was $46.9 million. Pursuant to the Investec Facility, the company is required to maintain a minimum liquidity position of $10 million at all times.
The halt will remain in place until the opening of trade on Thursday 30th April 2015, or earlier if an announcement is made to the market.
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