Cleansing Notice
Released
Released
Announcement PDF
ASX Release
24 May 2024
Cleansing Notice
RareX Limited (ASX: REE – RareX or the Company) issued 10,316,406 ordinary shares further to the Appendix
2As lodged with the ASX on 24 May 2024.
As required by section 708A(6) of the Corporations Act 2001 (Cth) (Corporations Act), the Company notifies
ASX that:
a) the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
b) this notice is being given under section 708A(5)(e) of the Corporations Act;
c) as at the date of this notice, the Company has complied with:
i.
the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
ii.
section 674 of the Corporations Act; and
d) as at the date of this notice, there is no information that is ‘excluded information’ (within the meaning
of section 708A(7) and 708A(8) of the Corporations Act).
This announcement has been authorised for release by the Board of RareX Ltd.
For more information,
please contact:
Investors: James Durrant, CEO
Media: Nicholas Read, Read Corporate
Corporate Advisers: Wallabi Group
Engage and Contribute: Investor Hub
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
P +61 (0) 8 9388 1474
P +61 (0) 407 926 869
W ree.investorhub.com/welcome
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
About RareX Limited – ASX: REE, REEO
RareX is a critical minerals company specialising in rare earths and niobium in hard rock carbonatites.
The exploration focus of the business is on the new Khaleesi Project in the East Yilgarn which is a district-scale,
elevated-niobium, alkaline intrusive complex - a breeding ground for mineralised carbonatites. Data from Tier-1
exploration programs with elevated niobium values suggests a highly fertile system.
The Company’s engineering and commercial focus is on offtake and approvals at the mid-study-level, Cummins
Range Project (+$330M NPV8 post-tax*) - a carbonatite hosted rare earth and phosphate project, containing
magnet grade rare earths and battery grade phosphates and technically Australia’s largest undeveloped rare
earths project.
RareX have been curating a portfolio of carbonatite related prospects within which the newly acquired Khaleesi
Project represents the exploration flagship. RareX will continue to develop and optimise its portfolio.
RareX maintains material investments in Kincora Copper (ASX:KCC), Cosmos Exploration (ASX:C1X) and Canada Rare
Earth Corporation (LL.V).
For further information on the Company and its projects visit www.rarex.com.au
* The forecast financial information was released on 22 August 2023. The Company confirms that the material assumptions underpinning the
production target and forecast financial information continue to apply and have not materially changed
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
W ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
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