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Minerals Corporation In Pre-Open, Acquiring Cloud Based Application Company

Minerals Corporation's (ASX: MSC) shares have been placed in pre-open today, following the Australian Stock Exchange granting the company a trading halt.

The halt was requested pending the acquisition of a cloud based application company.

Recent microcap stocks acquiring technology businesses have been market stars with the technology sector running hot on the Australian and U.S. markets.

The halt will remain in place until the opening of trade on Friday 27th December 2013, or earlier if an announcement is made to the market.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.