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Protean Energy Ltd Transforms to Aurora Rare Earths
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Protean Energy Ltd Transforms to Aurora Rare Earths

Protean Energy Limited (AU:POW) has released an update.

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Protean Energy Ltd is undergoing a transformation, planning to rename itself as Aurora Rare Earths Limited and offering a public sale of 250 million shares at $0.02 each to raise $5 million. The company aims to meet ASX re-admission requirements following changes in its activities’ nature and scale. Investors should note that the shares are considered highly speculative, with no guarantees on returns, dividends, or future value.

For further insights into AU:POW stock, check out TipRanks’ Stock Analysis page.

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