Tuesday, 22 November 2011

Murchison Metals granted voluntary suspension pending Crosslands Resources stake announcement

Murchison Metals (ASX: MMX) has been granted a voluntary suspension by the ASX, following on from the trading halt granted on Monday 21 November.

The pending announcement relates to talks in relation to the potential sale of all the company's interests in Crosslands Resources Ltd.

Crossland is the owner of the Jack Hills iron ore project, and the Oakajee Port and Rail project.

Murchison said that the company expects to make an announcement on or before the opening of trade on Thursday 24 November.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/22455/murchison-metals-granted-voluntary-suspension-pending-crosslands-resources-stake-announcement-22455.html

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