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Ionic Rare Earths Limited ( (AU:IXR) ) has shared an update.
Ionic Rare Earths Limited has announced the issuance of 59,555,552 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code IXR. This move is part of the company’s strategy to capitalize on convertible securities, potentially enhancing its market position and providing additional resources for its operations.
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 critical for various high-tech applications, including electronics and renewable energy technologies.
Average Trading Volume: 29,548,720
Technical Sentiment Signal: Hold
Current Market Cap: A$96.61M
Find detailed analytics on IXR stock on TipRanks’ Stock Analysis page.