Skydive Express: Skydive the Beach Group to continue expansion via acquisition

Skydive the Beach Group Ltd (ASX:SKB) has an acquisition on the table, and a subsequent capital raising, in the form of an institutional placement. The ASX has granted the company a trading halt to prepare. Skydive the Beach Group recently made two acquisitions in Far North Queensland to increase its growing menu of tourism adventure activities. The halt will remain in place until the opening of trade on Wednesday 11th October 2017, or earlier if an announcement is made to the market.