Precious Metal Resources (ASX:PMR) has been granted a trading halt by the ASX today pending details of a proposed significant transaction.
PMR's shares are currently in pre-open.
Recently the company announced some major changes, including Frank Licciardello being appointed to the board.
Licciardello was nominated by Mayfair Capital Limited, PMR’s largest shareholder.
Licciardello is a director of Rio Perdido Gold Limited and Elk Orthobiologics Limited. In addition, he has extensive experience in the finance sector
The halt will remain in place until the opening of trade on Wednesday 15th October 2014, or earlier if an announcement is made to the market.
