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Syndicated Metals In Pre Open Pending Company Restructure Announcement

Syndicated Metals (ASX: SMD) has been granted a trading halt by the ASX pending the release of details on a company restructure.

Syndicated has not as yet provided any further details, but the company certainly has some very interesting landholdings strategically located in the Mount Isa minerals province.

The company controls around 4000 square kilometres of tenements in the region, which includes advanced projects and near term development options with scoping studies underway

The halt will last until the earlier of an announcement being made available to the market, or the opening of trade on Thursday 22 March.