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RareX Limited Plans Major Securities Issue

RareX Limited Plans Major Securities Issue

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

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RareX Limited has announced a new proposal to issue a total of 96,428,571 ordinary fully paid securities under the ASX code REE, with the proposed issue date set for 31st May 2024. This strategic move aims to raise capital through a placement or other issuance type, as detailed in their recent announcement to the ASX.

For further insights into AU:REE stock, check out TipRanks’ Stock Analysis page.

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