AJ Lucas (ASX: AJL) is finalising the arrangements for a capital transaction and has gone into a ASX trading halt.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 13th February 2013.
AJ Lucas’ associate company Cuadrilla Resources Holdings had in December 2012 said it will resume fracture stimulation of wells in Lancashire after the U.K. Government gave its in principle approval.
The company holds a 43% stake in Cuadrilla.
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