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Gecko Namibia Announces Acquisition of Shares of Namibia Rare Earths Inc.

Gecko Namibia Announces Acquisition of Shares of Namibia Rare Earths Inc. Halifax,...

articleNamibia Critical Metals Inc.May 3, 20185/company/namibia-critical-metals-inc/news/gecko-namibia-announces-acquisition-of-shares-of-namibia-rare-earths-inc
Gecko Namibia Announces Acquisition of Shares of Namibia Rare Earths Inc.

About this update from Namibia Critical Metals Inc.

[{"type":"text","content":"Gecko Namibia Announces Acquisition of Shares of Namibia Rare Earths Inc.\n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Gecko Namibia Announces Acquisition of Shares of Namibia Rare Earths Inc.\n Halifax, Nova Scotia (FSCwire) - May 3, 2018 - In accordance with National Instrument 62-103, Gecko Namibia (Pty) Ltd. (“Gecko”), announced today that it acquired, by way of a private placement, a total of 6,966,330 common shares of Namibia Rare Earths Inc. (“Company”) at a price of CDN$0.185 per common share for total consideration of Cdn$1,288,771 (“Private Placement”). These acquired common shares represent 3.86% of the issued and outstanding common shares of the Company. Prior to Private Placement, Gecko held 69,500,000 common shares of the Company representing approximately 43.79% of the outstanding common shares of the Company. Following the Private Placement, Gecko owns 76,466,330 common shares of the Company, representing approximately 42.40% ...

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