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Minotaur Exploration finalises talks on sale of assets, granted trading halt

Minotaur Exploration finalises talks on sale of assets, granted trading halt

Minotaur Exploration (ASX: MEP) has been granted a trading halt by the ASX as it completes discussions with a third party regarding the disposal of some of its exploration assets.

The company did not elaborate further on what assets it plans to sell.

Minotaur recently sold off its interest in the Tunkillia Gold Project in South Australia to Mungana Goldmines (ASX: MUX) in exchange for $4 million cash and just over 3 million Mungana shares.

The halt will last until the earlier of an announcement being made available to the market, or the opening of trade on Monday 23 April.

 

 

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