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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

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

Bullboard Posts
Comment by WeekendChefon Sep 13, 2019 11:17am
176 Views
Post# 30123758

RE:RE:Large Block Sold

RE:RE:Large Block SoldYes, it's a cash transaction. The buyer wants a significant stake in the company but simply can't get 17MM shares at market price. There isn't that much for sale. So they go to other large shareholders and negotiate a price and do a cross-trade. Apex may be tired of holding or have cash demands or opportunities elsewhere whereas the buyer sees opportunity....even at $.44. 
Bullboard Posts