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RareX Limited Initiates Trading Halt for Capital Raising Announcement

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RareX Limited ( (AU:REE) ) has issued an update.

RareX Limited has requested a trading halt on its securities pending an announcement related to a capital raising. The halt will remain until the announcement is made or until normal trading resumes on May 15, 2025. This move indicates a strategic financial maneuver that could impact the company’s market positioning and stakeholder interests.

More about RareX Limited

RareX Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is listed on the Australian Securities Exchange under the ticker REE and is based in Subiaco, Western Australia.

Average Trading Volume: 13,661,272

Technical Sentiment Signal: Buy

Current Market Cap: A$24.03M

Find detailed analytics on REE stock on TipRanks’ Stock Analysis page.

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