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E-Tech Resources Inc ( (TSE:REE) ) has provided an announcement.
E-Tech Resources Inc. has successfully closed a $950,000 private placement to fund exploration at its Eureka Project in Namibia and for general corporate purposes. The company also announced the election of new directors and granted stock options to officers, directors, and consultants to strengthen its capabilities for the next exploration phase. These developments are expected to enhance E-Tech’s operational capacity and strategic positioning in the rare earths market.
More about E-Tech Resources Inc
E-Tech Resources Inc. is a rare earth exploration and development company focused on the Eureka Rare Earths Project in Namibia. The project is located in a politically stable region with well-established infrastructure and clear mining laws. E-Tech is advancing both rare earths and nuclear fuels, which are essential for the global energy transition.
Average Trading Volume: 83,102
Technical Sentiment Signal: Buy
Current Market Cap: C$9.6M
For a thorough assessment of REE stock, go to TipRanks’ Stock Analysis page.