Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

St George Mining to raise capital  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 11/10/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - ProactiveInvestors - Australia) Perth based St George Mining (ASX: SGQ) has been granted a trading halt this morning and placed in pre-open pending the release of capital raising details.

St George has not yet indicated where the potential capital raising will be allocated, but the company earlier this week expanded the wholly owned Red Dragon rare earth element prospect.

The prospect is hosted within the company's East Laverton Property in the NE Goldfields region of Western Australia, with a news MMI soil survey expanding the area of carbonate rare earth alteration and.

Importantly - this confirmed the presence of a very large carbonatite intrusive complex extending over 60 square kilometres.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 15th October.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help