ASX-listed Platina Resources is finalising the sale of its wholly-owned Skaergaard project, in Greenland, to Canadian company Eastern Zinc. Platina will receive C$500 000 in cash and C$7.15-million worth of shares in Eastern Zinc, upon regulatory approvals in Australia and Greenland.The project hosts a large undeveloped palladium resource, with a significant gold endowment as well. The transaction makes Platina a major shareholder in Eastern Zinc and it will appoint a director to the company’s board.Further, Eastern Zinc will be renamed and become a palladium-focused exploration and development company, with further ... (full story)