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ETM Advances Penouta with $24.7M Raise as Greenland Licence Faces Rejection

3:12pm on Wednesday 29th of April, 2026 AEST Mining
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ETM Advances Penouta with $24.7M Raise as Greenland Licence Faces Rejection

3:12pm on Wednesday 29th of April, 2026 AEST
Key Points
  • Penouta acquisition nears completion with FDI approval
  • Greenlandic government advises against Kvanefjeld licence extension
  • $24.7 million capital raising bolsters cash reserves
  • Legal battles over Kvanefjeld exploitation licence continue
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