Australian Mines Ltd (ASX:AUZ) has been granted a trading halt by the ASX this morning, pending details in regards to the acquisition of a project in Queensland.
The company has several interests in Australia, including earning up to a 75% interest in the Sconi Project, located near the historic mining centre of Greenvale in Queensland, from Metallica Minerals Ltd (ASX:MLM).
The halt will remain in place until the opening of trade on Wednesday 6th September 2017, or earlier if an announcement is made to the market.