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Cape Alumina reveals major negotiation with third party
Edited by : AL CIRCLE
1 min read
Cape Alumina could have a significant transaction to reveal with the company that granted a trading halt this morning by the ASX.
Cape Alumina said the halt was required pending 'negotiations for a number of significant transactions which are currently underway between the company and a third party.'
No further details have yet been released.
The company had $3.4 million in cash at the end of September 2012.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Friday 2nd November.
Cape Alumina said the halt was required pending 'negotiations for a number of significant transactions which are currently underway between the company and a third party.'
No further details have yet been released.
The company had $3.4 million in cash at the end of September 2012.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Friday 2nd November.
Tagged with:Merger and acquisition
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