Torian Resources (ASX:TNR) is preparing to outline details regarding the finalisation of a material acquisition.
Last month the company finalised an amendment to the Joint Venture with Cascade Resources Limited to include an additional 37.25 square kilometre tenement package to the Zuleika Gold Project for no additional consideration.
The acquisition firmly positions Torian as one of the largest landholders along the prolific Zuleika Shear.
The halt will last until the opening of trade on Tuesday 9th June 2015, or earlier if an announcement is made to the market.
