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Ionic Rare Earths Issues New Shares in Compliance with Corporations Act

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Ionic Rare Earths Issues New Shares in Compliance with Corporations Act

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

Ionic Rare Earths Limited announced the issuance of ordinary shares without disclosure under Part 6D.2 of the Corporations Act, in compliance with relevant legal provisions. This move signifies the company’s adherence to regulatory requirements and may impact its financial operations and investor relations.

The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.

More about Ionic Rare Earths Limited

Ionic Rare Earths Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is listed on the Australian Securities Exchange under the code IXR and is based in Melbourne, Australia.

Average Trading Volume: 28,153,606

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$94.47M

Learn more about IXR stock on TipRanks’ Stock Analysis page.

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