Hudson Greenland A/S who operates the anorthosit-project at White Mountain has recently published changes to the financing of its activities.
The mining company has thus carried through a restructuring of its loan engagements with the existing lenders, Cordiant Capital and Romeo Fund – Flexi, who as a result of a loan conversion have now also become co-owners of the mining company together with the existing owner, Hudson Resources Inc., being quoted on the stock exchange in Toronto.
Furthermore, the mining company has received new capital of additional 10 mio. USD for the purpose of restarting the mine operations.
See more about the transaction on https://hudsonresourcesinc.com/investors/news/.
Nuna Law Firm has assisted Hudson Greenland A/S as local counsel at the transaction, among other things with regard to finance and corporate law as well as the mineral resource authority’s approval of the transaction.
For additional information, please contact
(+299) 55 17 70