Volt Resources Ltd (ASX:VRC) has been granted a trading halt by the ASX, with its shares placed in pre-open.
Volt requested the halt pending the material signing of MOU by multiple end user companies and a material placement to a strategic institution.
The company recently revealed that the Namangale Pre-Feasibility Study testwork has produced an exceptional graphite concentrate product for the lithium-ion battery market.
The halt will last until the opening of trade on Thursday 16th June 2016, or earlier if an announcement is made to the market.
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