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Australian Mines has acquisition news on the horizon

The halt will remain in place until Wednesday 6th September 2017.

Australian Mines shares are in pre-open

Australian Mines Ltd (ASX:AUZ) has been granted a trading halt by the ASX this morning, pending details in regards to the acquisition of a project in Queensland.

The company has several interests in Australia, including earning up to a 75% interest in the Sconi Project, located near the historic mining centre of Greenvale in Queensland, from Metallica Minerals Ltd (ASX:MLM).

The halt will remain in place until the opening of trade on Wednesday 6th September 2017, or earlier if an announcement is made to the market.

Quick facts: Australian Mines Ltd

Price: 0.015 AUD

Market: ASX
Market Cap: $59.42 m

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