(MENAFN- ProactiveInvestors)
() has some interesting news coming later this week in the form of a material acquisition.
No additional details have yet been divulged but the company has recently entered into an agreement with Uranium One Inc. to acquire the Honeymoon Uranium Project in South Australia.
Honeymoon has resources (up to 2100ppm) amenable to in situ leach processing
The company had around $970000 in cash at the end of September 2015.
The halt will remain in place until the opening of trade on Wednesday 2nd December 2015 or earlier if an announcement is made to the market.
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