“Powerful Opportunity Awaits: Get Ready to Trade WR1!

Winsome Resources Limited (ASX: WR1) was temporarily halted from trading on the ASX on March 8, 2021. The company’s request for a trading halt was granted due to a pending announcement from the company. The company has been quiet about what the upcoming announcement entails, however it is believed that the announcement will relate to the acquisition of an undisclosed mineral asset. Winsome Resources Limited, through their fully owned subsidiary, LX Resources Pty Ltd, is a mining exploration company with a focus on gold, copper, molybdenum and rare earth resources. As the company has released little information about the planned announcement, investors have been working to uncover clues as to the nature of the acquisition. Some have expressed their hopes that the acquisition will allow the company to advance their exploration projects and increase shareholder value. Winsome Resources Limited has been actively exploring for mineral assets with a keen focus on gold in recent months, with the company announcing the discovery of previously unknown gold mineralisation at its Zebra Project in early 2020. The planned announcement has added to the anticipation of shareholders who are keen to discover what the acquisition may be. As the trading halt prevents further investigation into the acquisition until the announcement is made, investors, as well as anyone else interested in the story, will have to wait until the trading halt to learn more.