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RareX Limited ( (AU:REE) ) just unveiled an announcement.
RareX Limited has called a general meeting of shareholders for 10.30 am on 6 May 2026 in Subiaco, Western Australia, setting a record date of 4 May 2026 to determine voting eligibility. The company is urging shareholders to lodge proxy forms ahead of the meeting and has provided an explanatory memorandum to detail the matters up for vote.
Shareholders will be asked to ratify the prior issue of more than 181 million placement shares issued under ASX Listing Rules 7.1 and 7.1A, effectively refreshing the company’s placement capacity. The meeting will also seek approval to issue up to 90,909,092 new placement options, a move that could provide additional future funding flexibility and further capital for RareX’s exploration and development activities if exercised.
The most recent analyst rating on (AU:REE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on RareX Limited stock, see the AU:REE Stock Forecast page.
More about RareX Limited
RareX Limited is an Australian-listed company, with its shares traded on the ASX, that operates in the resources sector. The company’s activities focus on the exploration and development of mineral projects, and it regularly accesses equity markets to fund its operations and growth initiatives.
Average Trading Volume: 5,135,591
Technical Sentiment Signal: Sell
Current Market Cap: A$20.62M
For an in-depth examination of REE stock, go to TipRanks’ Overview page.