Latin Resources (ASX:LRS) enters two trading halts ahead of capital raise

  • Latin Resources (LRS) has entered back-to-back trading halts ahead of a capital raise

  • At this stage, it's unclear just how much the company wants investors to chip in or what it'll use the funding for

  • As a result, company shares will stay locked up until Tuesday, September 8, or when it releases more information about the raise

  • Last month, the company announced it had begun exploration discussions with the landowners at Yarara Gold Project in NSW

  • It has also lodged drill permits for the Noombenberry Halloysite Kaoline project in WA

  • Company shares last traded for 1.1 cents on September 2

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