logo-loader
viewWolf Petroleum Ltd

Strzelecki Metals prepares for 'significant acquisition' announcement, halt granted

au_acquisition_b_350_4fff899d0de1f.jpg

Strzelecki Metals (ASX: STZ) has some potentially very interesting news on the horizon with a 'significant acquisition' announcement pending, with the ASX granting the company a trading halt and placing its shares in pre-open.

Strzelecki has not yet elaborated any further on the acquisition, but the company did point out in the March quarterly that it would allocated a placement of 54 million shares at $0.015 to raise around $800,000 to identifying acquisition opportunities.

The company currently has a 45% share in the Polish company Slasko-Krakowska Kompania Gornictwa Metali Sp. z.o.o. which holds mineral concessions over the Myszkow project in southern Poland and the Kupferschiefer basin in south west Poland.

The halt will last until the earlier of an announcement being made to the market, or the open of trade on Tuesday 17th July.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

Quick facts: Wolf Petroleum Ltd

Price: - -

ASX:WOF
Market: ASX
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Enthusiasm of Belvoir Group franchisees during crisis has been incredible...

Dorian Gonsalves, chief executive of Belvoir Group PLC, says the company’s franchisees will be ready to go straight out and start letting again as soon as the lockdown is lifted. Belvoir is actively transacting business on all sides except estate agency, where transactions have all but...

1 hour, 21 minutes ago

2 min read