Altona Rare Earths Pays Directors and Lender in Shares, Lifting Total Capital to 326.7m

Altona Energy ( (GB:REE) ) has shared an announcement.

Altona Rare Earths has issued 1,484,663 new ordinary shares to current and former directors in lieu of cash salaries and fees, and a further 3,333,333 shares to lender Catalyse Capital Limited as a £50,000 loan reprofiling fee, as part of ongoing cash conservation and balance sheet management measures. The combined 4,817,996 new shares, expected to be admitted to trading on the London Stock Exchange around 21 January 2026, increase Altona’s total share capital to 326,682,302 and modestly dilute existing shareholders, while aligning directors’ interests more closely with investors and providing additional flexibility as the company advances its African critical minerals projects.

The most recent analyst rating on (GB:REE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Altona Energy stock, see the GB:REE Stock Forecast page.

Spark’s Take on GB:REE Stock

According to Spark, TipRanks’ AI Analyst, GB:REE is a Neutral.

The score is driven primarily by weak financial performance (pre-revenue, ongoing losses and cash burn, and rising leverage in 2025). Technicals add further pressure with a broadly bearish trend and weak momentum indicators. Valuation provides limited support due to negative earnings and no indicated dividend yield.

To see Spark’s full report on GB:REE stock, click here.

More about Altona Energy

Altona Rare Earths Plc is a London Main Market-listed exploration and development company focused on critical raw materials across Africa. Its flagship multi-commodity Monte Muambe project in northwest Mozambique hosts rare earths, fluorspar and gallium, where the company has defined a JORC-compliant mineral resource, secured a 25-year mining licence and completed early-stage technical studies, while also exploring strategic partnerships, including with US government agencies, to advance the rare earths component toward prefeasibility and potential near-term monetisation.

Average Trading Volume: 6,422,168

Technical Sentiment Signal: Sell

Current Market Cap: £4.1M

See more data about REE stock on TipRanks’ Stock Analysis page.