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Australian Special Opportunity Takes 6.6% Stake In Rainbow Rare Earths

Fri, 2nd Aug 2019 18:42

(Alliance News) - Rainbow Rare Earths Ltd on Friday said Australian Special Opportunity Fund LP now holds 6.6% interest in the Gakara rare earth project development firm.

Prior to this transaction, Australian Special Opportunity Fund's holding, if any, was not disclosed.

Rainbow Rare Earths shares closed 16% higher in London on Friday at 3.36 pence each.

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