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Cleveland Mining Company Granted Halt

Cleveland Mining Company (ASX:CDG) has been granted a trading halt, and its shares have been placed in pre-open.

Cleveland requested the halt pending details of an operationally based transaction.

The company is producing gold at the Premier Mine in Brazil.

Highlighting the potential of the mine, Anglo Gold Ashanti Serra Grande have mined 3.5 million ounces over 24 years situated < 1 kilometre away in same geological setting.

Cleveland also has iron ore interests in the country.

The halt will remain in place until the opening of trade on Tuesday 29th July 2014, or earlier if an announcement is made to the market.

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