Latin Resources (ASX:LRS) enters trading halt, eyes Burdett Gold Project buy
Latin Resources (LRS) has entered a trading halt to prepare for an upcoming capital raise
The company will remain in the halt until December 7 or when an announcement is made
Latin Resources also announced it's planning to buy the Burdett Gold Project in NSW from Syndicate Minerals (SYN)
The company will acquire 100 per cent of the project subject to the completion of due diligence and the meeting of certain obligations
Burdett will be acquired via a $1000 deposit and the issue of 10 million shares
Shares in Latin Resources last traded at 3.4 cents on December 2
Link to Market Herald https://themarketherald.com.au/latin-resources-asxlrs-enters-trading-halt-eyes-burdett-gold-project-buy-2020-12-03/