RTG 0.00% 8.5¢ rtg mining inc.

News: RTG Mining heads to market

  1. RTG Mining (ASX:RTG, TSE:RTG) has been granted an ASX trading halt to assist in managing its disclosure obligations in relation to a proposed capital raising.

    The company had announced yesterday on the Toronto Stock Exchange that it had entered into an agreement with a syndicate of agents to raise up to A$12 million through a private placement of shares priced at $0.68 each.

    This will be led in North America by Haywood Securities Inc. and co-led in Australia by Hartleys Limited and GMP Securities Australia.

    RTG reserves the right to accept over-allotments of up to A$3 million.

    The ASX halt will last until the earlier of the announcement being made or the start of trade on Tuesday, 10th February 2015.


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