Greenland Minerals and Energy (ASX: GGG) has been granted a trading halt by the ASX today pending the release of an announcement regarding developments associated with the Kvanefjeld multi-element project in Greenland.
In August this year, Greenland Minerals moved to 100% ownership of Kvanefjeld, which hosts the largest occurrence of rare earths, 6.6 million tonnes total rare earth oxides, as defined by internationally recognised standards, along with 350 million pounds uranium and 3 billion pounds of zinc.
The company will remain in pre-open until the earlier of the announcement being released to the market or the open of trade on Monday December 5.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/22846/greenland-minerals-and-energy-in-pre-open-pending-kvanefjeld-announcement-22846.html
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