Namibia Rare Earths Changes Name to Namibia Critical Metals

Canadian-based rare earth’s explorer Namibia Rare Earths (TSXV:NRE), has announced today that it has has changed its corporate name to Namibia Critical Metals Inc. and its shares will commence trading on the TSX Venture Exchange under the new name and ticker symbol “NMI” upon the opening of the markets today.

Namibia Critical Metals (formerly Namibia Rare Earths) holds a diversified portfolio of exploration and advanced stage projects in the country of Namibia. The company is focused on the development of sustainable and ethical sources of metals for the battery, electric vehicle and associated industries.

As quoted from the press release:

The Company has changed its corporate name to Namibia Critical Metals Inc. to more accurately reflect the recently expanded commodity base from solely rare earths to include a variety of highly critical commodities including cobalt, copper, vanadium, zinc, lithium, graphite, tantalum, niobium, nickel, and gold.

The name change was approved by shareholders at the annual and special meeting held on May 24, 2018 and subsequently approved by the TSX Venture Exchange. The company’s common shares will commence trading on the TSX Venture Exchange under the new ticker symbol “NMI” upon the opening of the markets today. The CUSIP number assigned to the company’s shares following the name change is 62988F102 (ISIN: CA62988F1027). No action is required by shareholders with respect to the name change.

Outstanding share certificates are not affected by the name change and will not need to be exchanged.

Click here to read the full press release