Tian Poh Resources (ASX:TPO) has some interesting news on the horizon in the form of an acquisition.
No additional information has been reveal yet, and the company held close to $1.4 million in cash at the end of June 2015,
Earlier in the year the company secured an exclusive option to acquire 51% of the Zuun Mod Molybdenum-Copper deposit in Mongolia.
The option for the acquisition has been extended until 11th December 2015.
The ASX has granted Tian Poh a trading halt to update the market, with its shares placed in pre-open.
The halt will remain in place until the opening of trade on Tuesday 11th August 2015, or earlier if an announcement is made to the market.
