28
Dec
11:24
Pensana secures more funding through to main construction
UK-listed rare earth developer Pensana has secured an additional equity investment from M&G Investment Management – one of the UK’s largest fund managers and a long-standing Pensana shareholder.
According to Pensana’s chairman Paul Atherley, M&G will inject another $4 million into the company, raising its ownership to 7.7%.
“Initial site works are underway at Saltend and Longonjo and this additional investment will take us throug…
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