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Sipa Resources granted trading halt

Sipa Resources granted trading halt

Sipa Resources (ASX:SRI) is currently finalising a placement and share purchase plan.

The ASX has granted the company a trading halt, with its shares placed in pre-open.

Sipa shares have more than doubled in the past three months, and closed at $0.083 before the halt.

The halt will remain in place until the earlier of trade opening on Wednesday 6th May 2015, or when an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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