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Triton Minerals Asks For Trading Halt Pending Strategic Partners

Triton Minerals (ASX:TON) is focused on advancing its Ancuabe and Nicanda Hill graphite projects in Mozambique.

The company has now being granted an ASX trading halt in relation to executing agreements to form strategic relationships.

The halt will last until the earlier of the announcement being made or the start of trade on Monday, 27th April 2015.

Earlier this month, Triton signed a binding US$2 billion offtake agreement over 20 years with China's Yichang Xincheng Graphite Co Ltd for its Mozambique graphite (TMG).

Detailed metallurgical test work on a 100 kilogram bulk sample has already resulted in positive initial flotation results.

The company has also started preparations for the 2015 drilling season at its Nicanda Hill Project while DRA Global is continuing with feasibility work, which remains on schedule.

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