Moreton Resources (ASX:MRV) has been granted a trading halt by the ASX pending details of a potential asset purchase.
The company had over $5.7 million in cash at the end of March 2015, and has a market cap. of around $7.3 million.
The halt will last until the opening of trade on Wednesday 29th April 2015, or earlier if an announcement is made to the market.
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