Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • Batavia Mining requests trading halt 0 comments
    Apr 14, 2010 9:05 AM
    Batavia Mining (ASX: BTV) has requested that the company's shares be placed in pre-open until the earlier commencement of normal trading on Tuesday, 13 April 2010 or when an announcement is released to the market.

    The company said it is not aware of any reason why the trading halt should not be granted.

    Batavia Mining is an investment and iron ore exploration company with a particular focus in Australia.

    In late 2009 the company entered into a Heads of Agreement (HOA) to acquire the Roper River Iron Ore Project in the Northern Territory of Australia.

    Batavia has subsequently entered into the final and formal binding agreements to fully document the option and has paid the option consideration.

    The Company has until 29 July 2010 to determine whether to exercise the option. Batavia is currently conducting an extensive due diligence and exploration programme on the Project.

    Batavia Mining shares last traded at 23 cents.

    Disclosure: The author holds no positions in the company
Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.