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Australia United Mining to undertake overhaul

The halt will remain in place until Tuesday 14th November 2017.
Australia United Mining to undertake overhaul
The company's shares are in pre-open

Australia United Mining Ltd (ASX:AYM) is moving towards restructuring the board and targeting a new cash injection.

The ASX has granted a trading halt to prepare the next steps.

The company has some tenure in New South Wales and Queensland, but with a share price of just $0.003, the company is more of a shell.

The halt will remain in place until the opening of trade on Tuesday 14th November 2017, or earlier if an announcement is made to the market.

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