Buxton Resources (ASX:BUX) is poised to divulge a material acquisition.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
The company had $1.3 million in cash at the end of March 2015.
The halt will remain in place until the opening of trade on Monday 27th April 2015, 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 emerging companies with distribution in Australia, UK, North America and Hong Kong / China.