American Rare Earths has received firm commitments via an institutional placement to raise gross proceeds of A$13.5 million at an issue price of $0.30 per share for the development of its Halleck Creek rare earths project in Wyoming. The company said the placement, together with existing cash, will be used for mineral resource and extensional drilling, a prefeasibility study, metallurgical…
Read MoreAmerican Rare Earths raises capital for Halleck Creek
