Trading in Firestone shares halted

[miningmx.com] — Firestone Energy (FSE), the Australian resources company that plans to develop coal projects in South Africa, on Friday requested the JSE to halt trading in its shares until Tuesday next week.

The company said it has entered into negotiations, which if successfully concluded may have a material effect on the price of the company’s securities.

The trading halt, which also applies to the company’s stock on the Australian Stock Exchange, has been called for pending the release of an announcement regarding a potential transaction affecting share capital.