LIN 3.03% 9.6¢ lindian resources limited

Ann: Pause in Trading, page-10

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  1. 12,670 Posts.
    lightbulb Created with Sketch. 2578
    Ok just saw an article in the Financial review.

    LIN are raising $8m at 21c and will accept oversubscriptions of $4m. Potentially upto $12m.

    option attached on a one-for-two basis and exercisable at 30¢ within three years.

    Funds raised would be used to settle the company’s Rift Valley Resources acquisition and phase 1 and phase 2 drilling at its Kangankune Rare Earths project.
 
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