12th Mar 2014 07:00
12 March 2014
Wolf Minerals Limited
ASX Trading Halt
Specialty metals exploration and development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf", or the "Company") announces that the securities of the Company have been placed in a trading halt on the Australian Securities Exchange ("ASX"). The trading halt was granted by the ASX at the Company's request in accordance with the ASX Listing Rules, in order to allow a proposed capital raise to take place. The Company anticipates the trading halt on the ASX will remain in place until the earlier of such time it makes an announcement to the market in relation to the outcome of the proposed capital raise, or the commencement of trading on 14 March 2014. The Company's ordinary shares are expected to continue to trade on AIM during this period.
It is intended that Wolf's major shareholders, Resource Capital Funds V L.P. and TTI (NZ) Limited, will participate in the proposed capital raising.
A further announcement will be made in due course.
For further details, please contact:
Wolf Minerals Limited Russell Clark | +61 8 6364 3776 |
Investec Chris Sim/Jeremy Wrathall/David Anderson | +44 (0) 20 7597 5970
|
Newgate Threadneedle Graham Herring | +44 (0) 20 7653 9850 |
Related Shares:
Wolf Minerals