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PERTH, WESTERN AUSTRALIA--(Marketwired - July 8, 2014) - Greenland Minerals and Energy Limited ("GMEL" or "the Company") (ASX:GGG)(PINKSHEETS:GDLNF) is pleased to advise that the rights issue announced on 6 June, 2014 closed on 3 July, 2014 oversubscribed. All securities offered were applied for under the rights issue and as a consequence there was no shortfall. The fully underwritten issue raised approximately $8.9 million (before costs). |