21st Mar 2025 17:18
Harena Resources PLC - rare earths exploration and development company focused on the Ampasindava ionic clay rare earth project in Madagascar - Citius Resources PLC announces the completion of its acquisition and reverse takeover of Harena. Completion includes the admission of its enlarged share capital of 413.9 million ordinary shares at an issue price of 3 pence each. Company will officially change its name to Harena once this has been processed by Companies House. Friday marks Harena's first day of trading under its new name. Harena, which has a 75% interest in Ampasindava, says near-term milestones include increasing that ownership; completing a feasibility study and environmental impact social assessment; and advancing negotiations for more offtake agreements. Read More
