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IN BRIEF: Rainbow Rare Earths settles USD150,000 Pipestone loan

23rd Dec 2021 14:42

Rainbow Rare Earths Ltd - Guernsey-based mining company - Says it has issued 875,389 shares to Pipestone Capital Inc to settle USD150,000 due under a bridge loan. The balance of the loan, totalling USD885,620 including accrued interest, has been settled in cash.

Current stock price: 16.01 pence, up 6.7% on Thursday

Year-to-date change: up 50%

By Heather Rydings; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Rainbow Rare Earths
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