RareX Limited Plans Major Securities Issue

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

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.

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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