Intercept Minerals (ASX:IZM) has been granted an ASX trading halt in relation to a corporate transaction and capital raising.
The halt will last until the earlier of the announcement being made or the start of trading on Wednesday, 16 July 2014.
It had last month noted that it is pursuing efforts to seek out joint venture partners to progress its Adnera Uranium and Millionaires Well Tungsten projects in the Northern Territory.
The company had also said that its farm-in agreement with Rio Tinto Exploration covering the Tiwi Islands bauxite project remains in progress.
It continues to investigate new acquisitions and/or investments in a range of sectors including but not limited to mineral exploration, medical technology and information technology.
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