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Alice Queen to lift cash balance

The halt will remain in place until Wednesday 22nd March 2017.
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The company has a gold and copper focus

Alice Queen (ASX:AQX) has been granted a trading halt by the ASX, with its shares placed in pre-open.

The company is heading to market with a capital raising.

Alice Queen recently engaged Mining Plus to undertake gold mineralisation modelling on targets within and in proximity to the historic Horn Island Pit prospect area.

Horn Island lies in the Kaurareg Archipelago of the Torres Strait, north of Cape York Peninsula.

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.

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