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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

Metals & Mining Industrial Metals & Minerals
AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

AnorTech Inc
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Comment by kidkneeson Feb 26, 2018 1:54pm
100 Views
Post# 27622375

RE:Hideaway

RE:HideawayI believe the company has taken this off the table and is instead financing the mine with loans from Cordiant Capital

"At the end of July, the Company completed the 7-year debt funding arrangement with Cordiant Capital for a Senior Loan of US$13 million and a Subordinated Loan of US$9.5 million, for a total of US$22.5M through Hudson’s 100% owned Greenland subsidiary, Hudson Greenland A/S."


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