ARR 6.25% 22.5¢ american rare earths limited

Ann: Updated Announcement - Non-Binding Proposal, page-75

  1. 439 Posts.
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    The plan was always to list on Nasdaq. AMRRY was created to facilitate a Nasdaq uplisting, and we've met the requirements for Nasdaq for some time. The SPAC deal only serves to force Dons' hand on pulling the trigger on Nasdaq earlier than expected. The BOD were never entertaining the SPAC deal, the $5mill wasn't an ARR requirement but part of what the SPAC laid out in their proposal. The SPAC didn't do their DD or the proposal was intended to hasten ARRs plans to list on Nasdaq while providing added value to Halleck Creek.
    Last edited by TheAlpha1: 28/04/24
 
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