American Rare Earths Seeks Quotation for 900,000 New Shares on ASX

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2026.05.22 03:52
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American Rare Earths Limited has applied for quotation on the ASX for 900,000 new shares, following the exercise of existing options. This issuance aims to expand the company's share base and support its rare earths exploration plans. The move is expected to enhance liquidity for investors as demand for rare earths grows. The latest analyst rating for AU:ARR is a Buy with a price target of A$0.65.