Alto Metals Ltd (ASX:AME) has been granted a trading halt by the ASX pending the release of an update regarding its board composition.
The halt will remain until the start of ASX trading on Monday, February 25, 2019, or when the announcement is released to the market, whichever occurs earliest.
Alto's shares were trading at 3.4 cents when the halt was granted.
READ: Alto Metals board members increase stake after buying more shares
Alto is focused on expanding its 261,000-ounce gold resource at its flagship Sandstone Project in Western Australia.
The Sandstone resource is spread across three deposits – Lord Henry, Lord Nelson, and Indomitable Camp & Vanguard Camp.
A number of other advanced prospects exist including Havilah, Ladybird and Sandstone North.
Alto is expecting to release maiden JORC resource estimates over the coming weeks.