Rampart Energy (ASX:RTD) has been on the lookout for new ventures to expand and rebalance its portfolio, and it now appears the company has struck a deal.
RTD has been granted a trading halt by the Australian Stock Exchange pending details of a material acquisition.
The company had $2.6 million in cash at the end of September 2014, and has also filed for US$3.1 million of ACES tax reimbursements.
The halt will remain in place until the earlier of an announcement being made, or the opening of trade on Wednesday 19th November 2014.
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