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RareX Issues Cleansing Notice for 181.8 Million New Shares

Story Highlights
  • RareX expands capital base with 181.8 million new shares under Corporations Act provisions.
  • Cleansing notice affirms regulatory compliance, supporting RareX’s critical minerals growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RareX Issues Cleansing Notice for 181.8 Million New Shares

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An update from RareX Limited ( (AU:REE) ) is now available.

RareX has lodged a cleansing notice after issuing 181.8 million ordinary shares without a disclosure document, confirming ongoing compliance with Australia’s Corporations Act and stating no excluded information remains undisclosed, a step that preserves share liquidity and signals governance discipline amid its portfolio build-out in critical minerals.

The most recent analyst rating on (AU:REE) stock is a Sell 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 critical minerals explorer focused on rare earths, gallium, niobium and scandium hosted in hard rock carbonatites, advancing the Cummins Range project—considered the country’s largest undeveloped rare earths resource—alongside exploration at Mt Mansbridge, Khaleesi and other carbonatite targets while holding strategic stakes in peer explorers.

Average Trading Volume: 4,017,294

Technical Sentiment Signal: Buy

Current Market Cap: A$29.9M

For an in-depth examination of REE stock, go to TipRanks’ Overview page.

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