CAPITAL MARKETS

Greenland finds big backing for Kvanefjeld's bona fides in current era

AFTER getting a cool reception from many investors for years Greenland Minerals time in the market sun has emerged with the company in the process of raising more than A$30 million in fresh equity for its Kvanefjeld rare earth project.

 Kvanefjeld is slowly moving closer to development

Kvanefjeld is slowly moving closer to development

New shares priced at 24c will be issued to undisclosed institutions to raise $30 million and a shareholder share purchase plan is seeking another $3 million. Greenland raised $7 million nearly 18 months...

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