Boss Resources (ASX:BOE) is moving ahead on its recently acquired Honeymoon Uranium Project in South Australia after appointing Grant Davey to the board as an executive director.
The company's securities are in a trading halt pending a resource upgrade for the Honeymoon Uranium Project which was acquired in November 2015.
The trading halt will remain in place until not later than commencement of trading on 20 January 2016.
As part of the sale, the company had entered into an assignment deed whereby the vendor Uranium One agreed to transfer all the existing debt of A$157,959,779.75 that was previously owed by Uranium One Australia to Uranium One for $1.
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