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AnorTech Closes Final C$7.55 Million Share Exchange; Nasdaq-Listed Greenland Mines Now Holds 19.9%
GlobeNewswire Inc.·
AnorTech Inc. has completed the second and final share exchange with Nasdaq-listed Greenland Mines Ltd., with Greenland Mines acquiring 25,168,669 AnorTech shares in exchange for 1,133,268 Greenland Mines shares valued at approximately US$5.4 million. This brings Greenland Mines' total ownership stake in AnorTech to 19.9%, while AnorTech now holds Greenland Mines shares worth approximately US$5.6 million. The transaction represents a strategic partnership to advance AnorTech's Gronne Bjerg anorthosite project in Greenland for sustainable materials production.
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