Heavy Rare Earths Expands with Uranium Project Acquisition

Heavy Rare Earths Limited (AU:HRE) has released an update.

Heavy Rare Earths Limited has announced its acquisition of three promising uranium projects in South Australia, with plans to raise $1.26 million through a fully underwritten entitlement offer. The funds will enhance their working capital, positioning the company strategically in the rare earth and uranium exploration sector. The acquisition is expected to be completed by December 20, 2024.

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