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US Rare Earths Announces Reverse Stock Split and Ticker Change
Dec. 17, 2014 09:15AM PST
Rare Earth InvestingUS Rare Earths Inc. (OTCQB:UREE) has implemented a 1-for-3 reverse split of its common stock, effective at the close of trading on Tuesday, December 16, 2014 and in effect for trading on a split-adjusted basis on Wednesday December 17, 2014.
US Rare Earths Inc. (OTCQB:UREE) has implemented a 1-for-3 reverse split of its common stock, effective at the close of trading on Tuesday, December 16, 2014 and in effect for trading on a split-adjusted basis on Wednesday December 17, 2014.
As quoted in the press release:
As a result of the stock split, every three shares of issued and outstanding U.S. Rare Earths common stock will be converted into one share of common stock. Proportional adjustments will be made to the Company’s options and warrants. Any fractional shares resulting from the reverse stock split will be rounded up to the next whole share.
For more information visit: www.usrareearths.com