HALIFAX, March 28, 2018 /CNW/ - Namibia Rare Earths Inc. today announced it intends to complete a non-brokered private placement in the amount of up to $3,000,000 consisting of common shares offered at a price of $0.185 per common share being the closing price of the common shares of the Company on March 27, 2018. The volume weighted added trading price of the common shares over the last 10 days was $0.197. A maximum of [...]
Cobalt anomalies from detailed analyses of 3,710 archived soil samples have been received which support kilometer-scale cobalt anomalies in all target areas at Kunene Geochemical anomalies identified over Western Targets, Okanihova lineament, Steilrand lineament and along portions of interpreted DOF Extension Targets are spread out over 670 km2 and a detailed airborne electromagnetic survey is planned to assist in drill [...]
Detailed analyses of archived soil samples have confirmed kilometer-scale cobalt anomalies in the Western Targets area at Kunene Results pending over eastern DOF Extension and Okanihova Target areas Field teams following up with geological mapping and rock sampling HALIFAX, March 5, 2018 /CNW/ - Namibia Rare Earths Inc. today announced that it has received positive results from analyses of archived soil samples over the [...]
HALIFAX, Feb. 28, 2018 /CNW/ - In accordance with National Instrument 62-103, Gerald J. McConnell, Chair of Namibia Rare Earths Inc., announced today that he had disposed of 16,052,665 common shares of Namibia Rare Earths Inc. , by way of private purchase agreements, at a price of approximately CDN$0.004 per common share for total consideration of Cdn$65,844 and 5,450,000 common shares by way of gifts. Prior to these [...]
In accordance with National Instrument 62-103, Gerald J. McConnell, Chair of Namibia Rare Earths, announced today that he acquired, by way of a private placement, a total of 5,500,000 common shares of Namibia Rare Earths at a price of CDN$0.05 per Common Share for total consideration of Cdn$275,000. These acquired Common Shares represent 3.46% of the issued and outstanding common shares of the Company. Prior to this [...]
HALIFAX, Feb. 21, 2018 /CNW/ - In accordance with National Instrument 62-103, Gecko Namibia Ltd. , announced today that it acquired, by way of a private placement, a total of 5,500,000 common shares of Namibia Rare Earths Inc. at a price of CDN$0.05 per common share for total consideration of Cdn$275,000. Gecko also announced today that it acquired a total of 64,000,000 common shares of the Company pursuant to an [...]
Closes transaction with Gecko Namibia Ltd. to acquire a majority interest in seven projects with concurrent $550,000 private placement Diversifies Namibia Rare Earths Inc.'s single commodity focus from heavy rare earths on the Lofdal project into a broader portfolio of critical metals crucial for the electric vehicle industry including cobalt, lithium, graphite, tantalum, niobium, and gold First priority given to cobalt [...]
Company anticipates closing of transaction with Gecko Namibia Ltd within two weeks Agreement with Gecko Namibia to acquire a majority interest in seven projects Diversifies Namibia Rare Earths Inc.'s single commodity focus from heavy rare earths on the Lofdal project into a broader portfolio of critical metals and minerals crucial for electric vehicle industry including cobalt, lithium, graphite, tantalum, niobium, and [...]
Agreement with Gecko Namibia Ltd to acquire a majority interest in seven projects ranging from exploration opportunities to near term feasibility stage Diversifies Namibia Rare Earths Inc.'s single commodity focus from heavy rare earths on the Lofdal project into a broader portfolio of critical metals and minerals crucial for electric vehicle industry including cobalt, lithium, graphite, tantalum, niobium, and gold [...]
Environmental Clearance Certificates issued by the Namibian Ministry of Environment and Tourism for proposed mining and processing operations at Lofdal, and for proposed power and water line corridor Certificates have a three-year period of validity and provide environmental clearance for the proposed Mining Licence application lodged with the Ministry of Mines and Energy Proposed Mining Licence application remains [...]
Agreement with Gecko Namibia Ltd to acquire a majority interest in seven projects ranging from exploration opportunities to near term feasibility stage Diversifies Namibia Rare Earths Inc.'s single commodity focus from heavy rare earths on the Lofdal project into a broader portfolio of critical metals and minerals crucial for electric vehicle industry including cobalt, lithium, graphite, tantalum, niobium, and gold [...]
Announces $500,000 Private Placement Agreement with Gecko Namibia Ltd to acquire a majority interest in seven projects ranging from exploration opportunities to near term feasibility stage Diversifies Namibia Rare Earths Inc.'s single commodity focus from heavy rare earths on the Lofdal project into a broader portfolio of critical metals and minerals crucial for electric vehicle industry including cobalt, lithium [...]
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