RareX Limited (AU:REE) has released an update.
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RareX Limited has announced a new securities issue of 33 million unquoted options exercisable at 150% of the 30-day VWAP with a three-year term, proposed for issue on September 16, 2024. This financial move aims to raise capital through a placement or other type of issue, pending approval from the ASX.
For further insights into AU:REE stock, check out TipRanks’ Stock Analysis page.