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Mount Magnet South to reveal material acquisition

Mount Magnet South to reveal material acquisition

Mount Magnet South (ASX:MUM) has some acquisition news on the table, with the ASX granting the company a trading halt to prepare.

The company had over $1 million in cash at the end of December 2015, as it continued to focus on the identification of new investment opportunities.

The halt will remain in place until the opening of trade on Wednesday 10th February 2016, or earlier if an announcement is made to the market.

 

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