Kalgoorlie Mining Company (ASX: KMC) has been granted a status change to temporary suspension by the ASX.
Kalgoorlie Mining is currently finalising a capital raising transaction, and has said that it expects to make an announcement on the proposed transaction by Monday 7 November.
The company is currently in a very interesting position, and has turned the Bullant Gold mine into a cash flow generating operation within six months of ownership due to an ore agreement.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/21600/kalgoorlie-mining-company-granted-temporary-suspension-to-finalise-capital-raising-21600.html
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