Heavy Rare Earths Limited Plans New Securities Issue

Heavy Rare Earths Limited (AU:HRE) has released an update.

Heavy Rare Earths Limited has announced a proposed issue of 10 million fully paid ordinary securities, set to be issued on December 11, 2024. This move, detailed in their latest ASX announcement, aims to raise capital through a placement or similar means, potentially impacting the company’s stock performance.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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