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Ionic Rare Earths Limited ( (AU:IXR) ) has shared an announcement.
Ionic Rare Earths Limited has announced a proposed issue of securities, involving the issuance of 70,312,500 options and the same number of ordinary fully paid shares. This move is part of a strategic effort to raise capital, potentially enhancing the company’s financial position and supporting its ongoing projects in the rare earths sector.
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. These elements are crucial for various high-tech applications, including electronics and renewable energy technologies.
Average Trading Volume: 25,650,515
Technical Sentiment Signal: Sell
Current Market Cap: A$102.5M
Find detailed analytics on IXR stock on TipRanks’ Stock Analysis page.