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Trade in Platinum Australia Suspended

Written by Investing News Network
|
Nov. 11, 2011 03:50PM PST

Mining Weekly reported Platinum Australia (ASX:PLA) requested the ASX to suspend trading in its shares on Friday.

Mining Weekly reported Platinum Australia (ASX:PLA) requested the ASX to suspend trading in its shares on Friday.

As quoted in the market news:

Trade in the company’s shares was halted on November 9 at the request of the company, but was meant to resume on November 11 to coincide with a planned announcement. However, the platinum miner acknowledged on Friday that it did not expect the capital-raising exercise to be completed on time and requested a trade suspension

Click here to read the full Mining Weekly report.

asx:pla australia
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