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Atrum Coal to snap up acquisition

The halt will remain in place until Wednesday 23rd August 2017.

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Atrum recently appointed Max Wang as managing director

Atrum Coal NL (ASX:ATU) has some acquisition news pending on the table, and the ASX has granted the company a trading halt to prepare.

No further details have yet been revealed.

Atrum held $4.2 million in cash at the end of June 2017.

The halt will remain in place until the opening of trade on Wednesday 23rd August 2017, or earlier if an announcement is made to the market.

Quick facts: Atrum Coal NL

Price: 0.345 AUD

ASX:ATU
Market: ASX
Market Cap: $164.35 m
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