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Pilbara Minerals Ltd in ASX trading halt
(MENAFN- ProactiveInvestors - Australia)
Pilbara Minerals Ltd (ASX:PLS) is preparing to reveal details of a capital raising with the ASX granting the company a trading halt to prepare. The company wholly-owns the Pilgangoora Lithium-Tantalum Project in Western Australia's Pilbara region.
It hosts the second largest known spodumene-tantalite resource in the world and a recently completed PFS confirmed the technical and financial viability of 2Mtpa development.
The halt will remain in place until the opening of trade on Thursday 7th April 2016 or earlier if an announcement is made to the market. <
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