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IONDRIVE LIMITED Capital/Financing Update 2009
65132_rns_2009-06-08_37b8faea-b1bb-41ee-a221-4c8df82477c3.pdf
Capital/Financing Update
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MARKET RELEASE
9 June 2009
SOUTHERN GOLD LIMITED
TRADING HALT
The securities of Southern Gold Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 11 June 2009 or when the announcement is released to the market.
Security Code: SAU
Manager, Issuers (Adelaide)
9 June 2009
Mr J Nelson Manager, Issuers (Adelaide) ASX Markets Supervision Pty Ltd Level 25, 91 King William Street ADELAIDE, SA 5000
Dear Justin,
TRADING HALT REQUEST
Southern Gold Limited (ASX:SAU) requests a trading halt be put on its securities immediately pending an announcement to the market regarding a proposed capital raising, primarily to fund its ongoing Cambodian and Australian exploration programmes.
Southern Gold Limited can see no reason why a trading halt should not be put on its securities. The trading halt is expected to be lifted by no later than before commencement of trading on Thursday 11 June 2009.
Yours sincerely,
Nick Harding Company Secretary
No. 2423 I
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