Techniche to reveal capital raising plan

Technology developer Techniche Limited (ASX:TCN) has entered into a voluntary trading halt, pending the announcement of a capital raising initiative.

The company expects to make the announcement by close of business on Tuesday, Techniche said, and is unaware of any reason why the trading halt should not be granted.

Trading in Techniche will be suspended until the capital raising announcement is made, or until the commencement of trading on Wednesday.