Caeneus Minerals to reveal acquisition

Caeneus Minerals (ASX:CAD) is preparing to reveal details of an acquisition.

The ASX has granted the company a trading halt with its shares placed in pre-open.

In the March quarterly the company said that it was continuing efforts in evaluating potential investment opportunities.

It said the aim was to acquire significant assets to compliment the company’s existing Supernova Project and Mt Davis tenements.

The halt will remain in place until the opening of trade on Friday 22nd May 2015 or earlier if an announcement is made to the market.

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