InterMet Resources (ASX: ITT) has placed itself in an ASX trading halt this morning as it prepares to update the market on an asset acquisition and its activities.
Earlier in the month InterMet announced that the company’s application for Exploration Permit for Mineral (EPM) 17097 - commonly known as Eight Mile Creek - has been accepted by Queensland Department of Natural Resources and Mines (Department).
InterMet said that it expects the actual grant of EPM 17097 to occur in the next few weeks.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 21st January.
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