logo-loader

Peak Resources to receive investment

Published: 15:30 22 Oct 2014 BST

australianhundreddollar350_54482cf62be55

Peak Resources (ASX:PEK) is preparing to outline details regarding a material investment into the company.

The ASX has granted Peak a trading halt, with its shares placed in pre-open.

Peak is focussed on the Ngualla Rare Earth Project in Tanzania.

The halt will remain in place until the opening of trade on Friday 24th October 2014, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook -...

The FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive...

49 minutes ago