the aust'n: juniors join forces for survival

Juniors join forces for survival

BY:PAUL GARVEY From: The Australian July 09, 2013 12:00AM

THE equity-raising freeze crippling junior resources stocks is poised to spawn another takeover, with Minotaur Resources expected to strike a deal with fellow minnow Breakaway Resources.

Breakaway went into a trading halt yesterday pending the announcement of a "significant corporate transaction involving a change of control". The Australian understands that Minotaur is the party in talks with Breakaway, with the pair set to announce an agreed deal in the coming days.

http://www.theaustralian.com.au/business/mining-energy/juniors-join-forces-for-survival/story-e6frg9df-1226676197153