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Asian and Australian investors back Kvanefjeld capital raising

By:  
Creamer Media Senior 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.
 
 
 
 
 

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