IPO - RARE ELEMENT RESOURCES LTD
Form Type: S-3/A
Filing Date: 2025-04-08
Corporate Action: Ipo
Type: New
Accession Number: 000110465925033088
Filing Summary: On April 8, 2025, Rare Element Resources Ltd. filed a registration statement with the SEC for a proposed IPO involving the offer and sale of various securities, including senior and subordinated debt securities, common shares, warrants, and units, with an aggregate offering price of up to $150 million. This registration serves as a pre-effective amendment to prior filings to allow the company to sell securities based on market conditions. The prospectus outlines the company’s focus on the Bear Lodge Rare Earth Elements Project located in Wyoming, emphasizing the development of a Demonstration Plant for the processing and separation of rare earth elements. The filing highlights the company’s strategic partnership with General Atomics, which includes financial commitments from the Department of Energy to support the project. The document also describes risks, including potential operational and regulatory challenges, and provides insight into the company’s plans for future funding and operational activities.
Document Link: View Document
Additional details:
Approximate Date Of Commencement: 2025-04-08
Securities Type: Senior Debt Securities
Securities Type: Subordinated Debt Securities
Securities Type: Common Shares
Securities Type: Warrants
Securities Type: Units
Aggregate Offering Price: 150000000
Last Reported Price: 0.72
Comments
No comments yet. Be the first to comment!