This trading halt will remain in place until the beginning of regular ASX trading on Wednesday, May 20, 2020, or when an announcement is released to the market, whichever occurs earliest.
Acquisition of Guinea project
On May 14 Volt was as much as 50% higher after entering a share sale deed to acquire a highly prospective gold project in Guinea, Africa.
The project covers 388 square kilometres and comprises six permits in the Siguiri Basin, which forms part of the richly mineralised West African Birimian Gold Belt.
This acquisition transitions Volt to a diversified mineral resources company with a continuing commitment to developing the Bunyu Graphite Project in Tanzania combined with gold exploration and development.