tiprankstipranks
RareX Limited Plans Major New Securities Issue
Company Announcements

RareX Limited Plans Major New Securities Issue

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

RareX Limited has announced a new securities issue of 33 million unquoted options exercisable at 150% of the 30-day VWAP with a three-year term, proposed for issue on September 16, 2024. This financial move aims to raise capital through a placement or other type of issue, pending approval from the ASX.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskRareX Limited Appoints New Director
TipRanks Australian Auto-Generated NewsdeskRareX Limited Announces Director Resignation and Shareholdings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!