Macarthur Minerals Announces FIRB Approval for Rare Earth Minerals Plc Placement

Macarthur Minerals (TSXV:MMS) announced that Rare Earth Minerals plc has been notified by the Australian Foreign Investment Review Board (“FIRB”) that it has no objection to the previously announced non-brokered private placement. All matters concerning the Offering are now complete.
Rare Earth Minerals will own approximately 15.26% of the Company’s issued and outstanding shares on an undiluted basis.
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