Lindian Resources Ltd (ASX:LIN) CEO Alistair Stephens speaks with Proactive after securing a crucial A$35 million investment from institutional investors and sophisticated stakeholders in a heavily-bid placement, bulking the company's financial clout to advance the globally-significant Kangankunde Rare Earths Project in Malawi. The funds put the company in its best-ever financial position and will allow it to pay the third tranche of US$10 million for the 100% acquisition of Rift Valley Resource Developments Ltd, the owner of the Kangankunde project.
Lindian raises A$35 million to fast-track Kangankunde development
