Resolution calls trading halt
RESOLUTION Minerals has called a trading halt, pending the release of an announcement. The trading halt will remain in place until normal trading commences on Tuesday, February 20, or otherwise announced. The company is reportedly in a bid to raise $4.55m through a placement of 91m shares priced at 5¢ a share, representing a 23pc discount to Resolution’s 6.5¢ last close. The fundraising will go toward progressing the drilling program at Resolutions 64 North Project located in Alaska’s Tintina gold province. In December last year, Millrock Resources executed a definitive Option to Joint Venture agreement with Resolution concerning the 64North gold project, previously named the Goodpaster project. The legal due diligence period was successfully completed with Resolution providing a $744,500…