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The latest update is out from Ionic Rare Earths Limited ( (AU:IXR) ).
Ionic Rare Earths Limited has announced the issuance of 38,546,031 ordinary shares without disclosure under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that there is no excluded information required to be disclosed. This move is part of the company’s ongoing efforts to strengthen its financial position and enhance its market presence in the rare earths sector.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited operates in the rare earths industry, focusing on the exploration and development of rare earth elements. The company is primarily engaged in the production and supply of these critical minerals, which are essential for various high-tech and green energy applications.
Average Trading Volume: 25,442,999
Technical Sentiment Signal: Buy
Current Market Cap: A$183M
For an in-depth examination of IXR stock, go to TipRanks’ Overview page.