Carbine Tungsten (ASX:CNQ) has been granted a trading halt by the ASX this morning, pending details of a capital raising.
The halt will remain in place until the opening of trade on Wednesday 22nd March 2017, or earlier if an announcement is made to the market.
The firm owns 45% of the property, while joint venture partner Agnico Eagle has the rest (55%).
As well as RHA and Zulu, the firm has assets in Mozambique and a stake in private firm Circum Minerals
Cruz is cashed up and exploring across a range of properties in the US and Canada..