(MENAFN- ProactiveInvestors)
() is readying to reveal details of a capital raising with the ASX granting the company a trading halt to prepare.
Earlier in the week the company provided an update saying it is currently in advanced negotiations for an investment in a medical technology enterprise.
The company also holds a 35% interest in Wayland Copper which holds the Ballek copper‐gold in Northern Sweden.
Partner is currently developing a work program for the remainder of 2015 and an associated budget which said it does not plan to contribute. This will dilute its share.
The halt will last until the opening of trade on Monday 29th June 2015 or earlier if an announcement is made to the market.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX emerging companies 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.