Oil and gas explorer Cossack Energy (ASX:COD) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.
COD is preparing details concerning its Polish acquisition, along with a capital raising.
Recently the company signed a Binding Heads of Agreement signed with private company Iskander Energy to acquire their 24% Joint Venture Interest in the Bieszczady Project in Poland.
Last month the company completed an oversubscribed $2.5 million placement.
The halt will remain in place until the opening of trade on Wednesday 9th July 2014, or earlier if an announcement is made to the market.
News: Cossack Energy to update Polish acquisition, raise capital
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Last
9.5¢ |
Change
-0.004(4.04%) |
Mkt cap ! $16.65M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.5¢ | $36.95K | 375.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 115208 | 1 |
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| Last trade - 15.17pm 03/09/2024 (20 minute delay) ? |
| COD (ASX) Chart |