Petratherm Limited (ASX:PTR) has been granted a trading halt pending an update in relation to the proposed acquisition of the South Harz potash project.
Last month the company revealed that it had agreed, subject to due diligence, to purchase 100% of the shares in East Exploration Pty Ltd.
This company holds the South Harz project which includes all ground within a 50 kilometre radius of the Kullstedt and Grafentonna tenements in Central Germany.
Germany has a long history of potash mining, starting back in the late 1800's.
The country is still the fourth largest producer in world.
The halt will last until the opening of trade on Tuesday 16th June 2015, or earlier if an announcement is made to the market.
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $105.7M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 30.5¢ | $46.32K | 149.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 99700 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 91355 | 1 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| PTR (ASX) Chart |