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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.

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