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Ionic Rare Earths Secures $3M to Power Global Rare Earth Projects

1:23am on Monday 2nd of June, 2025 AEST Mining
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Ionic Rare Earths Secures $3M to Power Global Rare Earth Projects

1:23am on Monday 2nd of June, 2025 AEST
Key Points
  • Firm commitments received for $3 million convertible note issue
  • Convertible notes convert at a discount or fixed price with attached options
  • Funds to support projects in UK, USA, Brazil, and Uganda’s Makuutu Rare Earths Project
  • Shareholder approval sought at July 2025 EGM
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