Challenger Acquisitions Limited (LSE: CHAL) is seeking acquisitions. Due diligence continues on five new potential projects that have been identified and targeted in 2017, and updates will be made to the market with regards to these opportunities as and when appropriate, although there is no certainty that any will proceed. Challenger's role may range from actively investing to partnering/operating in these businesses. Mark Gustafson, Challenger's Chief Executive Officer said, "Following the restructuring process for Challenger since our disposition of Starneth we have been avidly evaluating projects which we believe will create near-term revenue and complement our interest in the NYW Project.