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Energy

Brookside Energy to update on acquisition, raise capital

Brookside Energy Ltd (ASX:BRK) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.

Brookside requested the halt pending details in relation to the acquisition of additional non-operated working interest leasehold acres in the STACK Play, and an equity raising.

The halt will remain in place until the opening of trade on Monday 24th October 2016, or earlier if an announcement is made to the market.