1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Asian and Australian investors back Kvanefjeld capital raising

By:  
Creamer Media Senior Researcher and Deputy Editor Online
 
CAPITAL RAISING
ASX-listed Greenland Minerals and Energy has received strong support from international institutional investors in a placement to raise A$10.25-million. The capital raising, in which Ashanti Capital acted as lead manager, was undertaken at an issue price of A$0.09 a share, representing a 21.74% discount to the last closing price of Greenland Minerals’ shares on Tuesday.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register