Drake Resources heads to market


(MENAFN- ProactiveInvestors)

Drake Resources (ASX:DRK) has been granted an ASX trading halt in relation to a capital raising.

The halt will last until the earlier of the announcement being made or the commencement of trade on Wednesday 21st January 2015.

In November Drake and Panoramic Resources (ASX:PAN) received high grade results of up to 10.7% copper 15.1% zinc and 53 grams per tonne silver from rock chip sampling around a VTEM anomaly at their Sulitjelma Project in Northern Norway.

 

Proactive Investors Australia is the market leader in producing news articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia UK North America and Hong Kong / China.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.