RareX Raises $2 Million

A demand driven and highly effective capital raise at VWAP premiums; reducing capital pressures to prosecute the strategy of exploring for heavy rare earths at Mt Mansbridge, further advancing and licencing the rare earth, gallium, scandium and phosphate carbonatite project at Cummins Range, and prosecuting the initiative in consortium with Iluka Resources to procure the Mrima Hill rare earth and niobium project in Kenya.