Ionic Rare Earths Director Adjusts Shareholdings

Ionic Rare Earths Limited (AU:IXR) has released an update.

Ionic Rare Earths Limited has reported a change in Director Sufian Ahmad’s holdings, with a sizable off-market transfer of shares to Mrs. Ifrah Nishat at a price of $0.01 per share. Post-transaction, Mr. Ahmad’s direct holdings have reduced, but his overall stake in the company, including indirect shares, remains substantial with over 140 million shares and performance rights.

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