Goodrich Resources (ASX: GRX) has some interesting news on the horizon in the form of an acquisition announcement, with the ASX granting the company a trading halt today and placing its shares in pre-open.
Goodrich said that it is currently in the process of signing an agreement.
In the recent quarterly Goodrich said that a number of advanced projects complimentary to Goodrich’s current portfolio were identified and evaluated for possible acquisition.
Goodrich currently has a portfolio of gold and copper-gold interests in New South Wales, the Northern Territory, and Western Australia.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Tuesday 4th December.
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