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Greenland Minerals and Energy director buys shares on market

Greenland Minerals and Energy director buys shares on market

Greenland Minerals and Energy (ASX: GGG) director Anthony Ho has purchased 100,000 shares of the company on the market.

He paid a total consideration of $27,500, or $0.275 each, for the shares, which increase his holding up to 550,000 shares.

Ho also owns 1.6 million performance rights.

The company has recently completed work contributing to feasibility studies and environmental and social impact assessments for its Kvanefjeld multi-element deposit in Greenland.

Test work has also produced a high purity rare earth intermediate product, highlighting the effectiveness of the process route for the project.

 

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October 17 2013


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