RE: Rare Earth prospective License15 Dec 2022 10:51
why 95% Premium?
answer below
Chief Executive Officer, Scott Kaintz commented: "Following on from the NPC investment announced in October, we welcome this additional capital, priced at a healthy premium, confirming the Board's view of a current valuation discrepancy in the market. This new investor, when combined with our new NPC cornerstone points to an exciting future for Corcel and its interests and sets the foundation for our operations and direction in 2023."