Santana on trading halt for capital raise

Santana on trading halt for capital raise
Santana’s latest quarterly activities and cashflow report said it had cash and cash equivalents of A$50.45 million (NZ$55m). (Image: Getty)
Staff reporters
Dual-listed Santana Minerals is on a trading halt while it “considers and executes” a proposed capital raise.  The trading halt will remain in place until it makes an announcement to the market in relation to the capital raising or until trading opens on Monday, it said.In its latest quarterly activities and cashflow report, Santana said it had cash and cash equivalents of A$50.45 million (NZ$55m).The company’s flagship Bendigo-Ophir Gold Project is in Central Otago.  On July 1, it released an updated pre-feasibility...