viewWolf Petroleum Ltd

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


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.


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