Lindian Resources Ltd (ASX:LIN, OTC:LINIF) has completed the third tranche payment of US$10 million as part of its acquisition strategy for Rift Valley.
With the latest inflation numbers coming in lower than expected (0.8% vs 1.0%), the market appears to have regained its upward momentum, climbing 54.90.
Lindian Resources Ltd (ASX:LIN) is set to acquire Rift Valley Resource Developments Limited, which owns the coveted Kangankunde Rare Earths Project in.
Lindian Resources Ltd (ASX:LIN) will raise $2 million to pursue the potential acquisition of Rift Valley Resources Developments Limited and its Kangankunde.