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Deal Date: 25-06-2020 Practice Area: Equity Capital Markets
Deal Title: Rainbow Rare Earths Placing of Ordinary Shares Industry: Mining
Description:
Memery Crystal advised Rainbow Rare Earths on its GBP1.25 million placing. Rainbow Rare Earths is a high-grade rare earth producer. The placing proceeds were to be used for general working capital purposes including capital additions to the company's trial mining fleet and pilot processing plant at the Gakara Rare Earth Project in Burundi to accelerate the trial mining operations.
Financial Center: London Value: 0.00-100.00
Advised Party: Issuer Law Firm
Issuer Jurisdiction - United Kingdom Listing Jurisdiction - United Kingdom
Classification: Secondary Offerings and Placings LSE: AIM:
Lawyer Kieran Stone