Manhattan Corporation (ASX: MHC) is in pre-open after the ASX granted the company a trading halt regarding an offering of shares.
Recently the company has been focused on gaining on ground exploration access to its key licence, E28/1898, at Ponton that hosts four advanced uranium prospects with Inferred Resources of 17.2Mlb uranium oxide and drilled Exploration Targets with an additional 33 to 67Mlbs of Mineralisation Potential.
The licence is located mostly within the remote Queen Victoria Spring Nature Reserve 200km east northeast of Kalgoorlie in Western Australia.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 15th April 2013.
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