Select Exploration (ASX:SLT) has been granted a trading halt by the ASX, pending details of a capital raising.
Recently Select signed a binding Term Sheet for the acquisition of 100% of the issued capital of Rent.com.au Pty Ltd (RENT).
RENT is a website and mobile platform dedicated purely to rental property.
The halt will last until the opening of trade on Thursday 12th March 2015, or earlier if an announcement is made to the market.
