Paradigm Metals (ASX:PDM) is poised to make a material acquisition and has been granted an ASX trading halt to prepare its announcement.
In its September quarterly, it noted that it continued to review a number of new resource project opportunities both in Australia and overseas that will complement its current focus on base metals.
The company has also sold its White Rock Tungsten Project in New South Wales and is seeking parties interested in farming in to its remaining non-core base metals and silver project.
The halt will last until the earlier of the announcement being made or the commencement of trade on Tuesday, 4 November 2014.
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