Critical Metals

Avalon Rare Metals Inc. (TSE:AVL) announced that it has raised an additional $9,618,762 from the exercise of eligible share purchase warrants and broker warrants issued as part of the financing completed in September 2009.

Avalon Rare Metals Inc. (TSX:AVL) announced that it has raised an additional $9,618,762 from the exercise of eligible share purchase warrants and broker warrants issued as part of the financing completed in September 2009.

The press release is quoted as saying:

On August 17, 2010, the Company announced a time-limited warrant amendment program to reduce the exercise price of eligible warrants from $3.00 to an amended exercise price of $2.51 for a 30-day period from September 1, 2010 until September 30, 2010. This amended price was based on the volume weighted average trading price of the Company’s shares for the five trading days prior to the date of the announcement.

Click here to access the entire press release

Click here to access Avalon Rare Metals Inc. Corporate Site

MARKETS

Markets
TSX20181.44-88.53
TSXV660.08-9.49
DOW33980.32-171.69
S&P 5004274.04-31.16
NASD12938.12-164.43
ASX7105.40+41.10

COMMODITIES

Commodities
Gold1762.35-13.12
Silver19.79-0.33
Copper3.590.00
Palladium2144.60-0.40
Platinum928.11-5.89
Oil87.35-0.76
Heating Oil3.58+0.01
Natural Gas9.20-0.05

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