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IonicRE raises $5.5m in a placement

By:  
Senior Contributing Editor Online
 
RARE EARTHS
ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $5.5-million, before costs, by way of a share placement of about 423-million shares. The placement includes participation of $500 000 from IonicRE chairperson Brett Lynch, further to his recent $1.5-million investment on joining the company in January.
 
 
 
 
 

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