Rainbow Rare Earths Limited Publication of Annual Report & Notice of AGM (5398R)
October 30 2019 - 2:00AM
UK Regulatory
TIDMRBW
RNS Number : 5398R
Rainbow Rare Earths Limited
30 October 2019
FOR IMMEDIATE RELEASE
30 October 2019
Rainbow Rare Earths Ltd ('Rainbow' or 'the Company') (LSE:
RBW)
Publication of Annual Report for the year to 30 June 2019
and
Notice of Annual General Meeting
Rainbow Rare Earths Limited, the rare earth mining company,
announces that it has today published its Annual Report and
Accounts for the year ended 30 June 2019 on the Company's website
at www.rainbowrareearths.com.
The Annual Report and Accounts will also be mailed to those
shareholders who have elected to receive it in hard copy.
The Company also announces that the Annual General Meeting of
Shareholders ('AGM') will be held at 11am on Wednesday 20 November
2019 at its registered office Trafalgar Court, 2nd Floor, East
Wing, Admiral Park, St Peter Port, Guernsey GY1 3EL.
A Notice of Meeting for the AGM and related forms of proxy will
also be sent to shareholders today.
In compliance with LR9.6.1, a copy of the Notice of AGM will
shortly be available for inspection at the Financial Conduct
Authority's National Storage Mechanism website
http://www.morningstar.co.uk/uk/NSM and will also be available on
the Company's website at www.rainbowrareearths.com.
**ENDS**
For further information, please contact:
+27 82 652 8526
Rainbow Rare Earths George Bennett +44 (0) 20 3910
Ltd Company Jim Wynn 4551
Andy Thacker +44 (0) 20 3657
Turner Pope Investments Broker Zoe Alexander 0050
------------ ----------------- ------------------
St Brides Partners +44 (0) 20 7236
Ltd IR and PR Priit Piip 1177
------------ ----------------- ------------------
Notes to Editors:
Rainbow's focus is the Gakara Project in Burundi, one of the
highest-grade (47%-67% Total Rare Earth Oxide) rare earths projects
globally and the only African producer.
The Company began production of rare earth concentrates in Q4
2017 and has a ten-year distribution and offtake agreement with
multinational thyssenkrupp Materials Trading secured for the sale
of at least 5,000tpa of concentrate produced.
The Gakara basket is weighted heavily towards the magnet rare
earths, including neodymium and praseodymium, which are driving
demand and account for 70% of annual global REE sales due to their
use in vital components in motors, generators, wind turbines, and
electric vehicles.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCFEFFAUFUSEDS
(END) Dow Jones Newswires
October 30, 2019 03:00 ET (07:00 GMT)
Rainbow Rare Earths (LSE:RBW)
Historical Stock Chart
From Apr 2024 to May 2024
Rainbow Rare Earths (LSE:RBW)
Historical Stock Chart
From May 2023 to May 2024