Lindian attracts a slab of cash for REE 'king' in Malawai

RARE earths aspirant Lindian Resources has received commitments for A$16 million in new funding via new shares priced at 21c each, with executive chairman Asimwe Kabunga contributing nearly $600,000.

Lindian attracts a slab of cash for REE 'king' in Malawai Lindian attracts a slab of cash for REE 'king' in Malawai Lindian attracts a slab of cash for REE 'king' in Malawai Lindian attracts a slab of cash for REE 'king' in Malawai Lindian attracts a slab of cash for REE 'king' in Malawai

More than $10 million will go towards the staged acquisition payments for the Kangankunde rare earth project in Malawi that Lindian bought for a total consideration of US$30 million in September.

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