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An announcement from RareX Limited ( (AU:REE) ) is now available.
RareX Limited has announced a proposed issue of 10,000,000 performance rights as part of a new securities placement. This move is aimed at enhancing the company’s financial flexibility and supporting its strategic initiatives, potentially impacting its market positioning and offering growth opportunities for stakeholders.
More about RareX Limited
RareX Limited operates in the mining industry, focusing on the exploration and development of rare earth elements, which are critical components in various high-tech and clean energy applications.
Average Trading Volume: 8,158,319
Technical Sentiment Signal: Buy
Current Market Cap: A$29.45M
See more data about REE stock on TipRanks’ Stock Analysis page.