Arafura Rare Earths LimitedASX: ARU

Arafura completes Institutional Entitlement Offer

· Issued by Arafura Rare Earths Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Arafura Rare Earths Limited has completed its Institutional Entitlement Offer, raising funds to advance the Nolans NdPr Project in the Northern Territory. The retail component of the Entitlement Offer is set to open shortly, allowing existing shareholders to participate. The Institutional Entitlement Offer raised funds through the issuance of new shares to institutional investors. New shares from the Institutional Entitlement Offer are expected to commence trading on the Australian Securities Exchange soon.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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