apex

  1. blt
    164 Posts.
    Sydney - Monday - January 12: (RWE) - A trading halt was placed
    over Apex Minerals NL this afternoon, at the request of the company,
    pending an announcement.
    In its request to the stock exchange, Apex noted a "significant"
    rise in its share price today (up 9.5c to as high as 29c before settling
    at 26c).
    "This coincides with Apex being nominated as 'Stock Pick of The
    Week' by Internet-based company 'The Inside Trader'," Apex executive
    chairman Mr Stephen Stone said.
    "We also advise that the company is at an advanced stage of
    negotiations and documentation in relation to its participation in two
    overseas exploration projects.
    "An announcement in this regard is imminent," Mr Stone added.
    "Apex therefore requests that the company be placed in a trading
    halt pending this announcement," he said.
    ENDS
    !END

 
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