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IONDRIVE LIMITED — Capital/Financing Update 2015
Nov 24, 2015
65132_rns_2015-11-24_108ddec2-df76-4ba8-8e84-30f5880ea6cd.pdf
Capital/Financing Update
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MARKET RELEASE
25 November 2015
Southern Gold imited
TRADING HALT
The securities of Southern Gold Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday 27 November, 2015 or when the announcement is released to the market.
Security Code: SAU
Jill Hewitt
SENIOR ADVISER, LISTINGS COMPLIANCE (PERTH)
Level 40 Central Park 152-158 St Georges Terrace Perth WA 6000
www.asx.com.au Phone:08 9224 0000 Customer service 13 12 79 Email: [email protected]
ASX Compliance Pty Limited ABN 26 087 780 489
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25 November 2015
Mr S Bednarczyk Listings Compliance (Perth) ASX Compliance Pty Ltd 152-158 St Georges Terrace PERTH WA 6000
Dear Sebastian,
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 working capital during the mining of the Company's Cannon Gold resource in Western Australia.
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 Friday 27 November 2015.
Yours sincerely,
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Dan Hill Company Secretary
Southern Gold Limited Level 1 PO Box 255 email [email protected] telephone 08 8368 8888 ABN 30 107 424 519 8 Beulah Road Kent Town web southerngold.com.au facsimile 08 8368 8899 Norwood SA 5065 SA 5067