Ironbark Zinc Ltd (ASX:IBG) has capital raising news pending and has been granted a trading halt by the ASX.
The halt will remain in place until the start of normal trading on Friday, October 25, 2019, or when an announcement is made to the market, whichever occurs earliest.
IBG's securities last traded at 1.7 cents, down from 2.1 cents in mid-September.
New managing director
In September the company appointed experienced commercial and corporate executive Michael Jardine to the role of managing director.
Jardines previous experience included director for Atrum Coal Ltd (ASX:ATU) and Pegasus Metals Ltd, which is now Scorpion Minerals Ltd (ASX:SCN).
He is currently a non-executive director of TNT Mines Ltd (ASX:TIN) as well as Read More – Source
