Cashed up, dual listed Chalice Gold Mines Ltd (ASX:CHN,TSX:CXN) will announce details of a possible sale of its 100%-owned Cameron Gold Project in Ontario, Canada.
The company's shares will remain in a trading halt until Wednesday 4 May 2016.
Chalice’s balance sheet is very strong with cash of A$37 million as at 31 March 2016. This is equivalent to $0.13 per share cash while the shares last traded at $0.17.
Chalice had flagged it was targeting high-potential opportunities globally.
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