An announcement from Lindian Resources Limited ( (AU:LIN) ) is now available.
Lindian Resources Limited has announced the engagement of Mr. Henk Ludik as a corporate finance advisor to assist in securing funding for their Kangankunde Rare Earths Project in Malawi. This strategic move follows strong investor interest and existing non-binding funding agreements, with the company aiming to finalize a binding term sheet with Gerald Group and explore various funding options to maximize shareholder value.
More about Lindian Resources Limited
Lindian Resources Limited operates in the mining industry with a focus on developing rare earth projects. Its primary project is the Kangankunde Rare Earths Project in Malawi, recognized as a significant undeveloped resource with high-grade mineralization, playing a critical role in the global energy transition.
YTD Price Performance: 20.0%
Average Trading Volume: 15,364
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €70.13M
For detailed information about LIN stock, go to TipRanks’ Stock Analysis page.