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RareX Secures $2M at Premium to Boost Rare Earths Projects
9:21am on Monday 21st of July, 2025 AEST
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Mining
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RareX Secures $2M at Premium to Boost Rare Earths Projects
9:21am on Monday 21st of July, 2025 AEST
Key Points
A$2 million raised via share placement at 12% premium to 15-day VWAP
Approximately 90.9 million new shares issued with attaching options
Funds to support exploration at Mt Mansbridge, Cummins Range, and Mrima Hill
Strong demand from institutional, sophisticated, and professional investors
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