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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rainbow Rare Earths Limited | LSE:RBW | London | Ordinary Share | GG00BD59ZW98 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.40 | 3.86% | 10.75 | 10.50 | 11.00 | 10.75 | 10.35 | 10.35 | 727,921 | 12:24:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Chem,fertlizer Minrl Mng,nec | 0 | -11.98M | -0.0192 | -5.60 | 67.15M |
TIDMRBW
Rainbow Rare Earths Limited
21 June 2019
FOR IMMEDIATE RELEASE
21 June 2019
Rainbow Rare Earths Ltd ('Rainbow' or 'the Company') (LSE: RBW)
Turner Pope Investor Evening
Rainbow Rare Earths Limited, is pleased to announce that Martin Eales, the Company's CEO, will be presenting at an investor evening hosted by Turner Pope Investments (TPI) Ltd, on Wednesday 3 July 2019. The event will be held in London, EC2 and will start at 4pm.
To register your interest, please visit https://www.turnerpope.com/contact/ and complete the registration form. The Company invites attendees to submit questions ahead of the event through its public relations adviser, St Brides Partners Ltd. The questions should be sent to shareholderenquiries@stbridespartners.co.uk. The Investor Presentation will be made available after the event on Company's webpage.
**ENDS**
For further information, please contact:
Rainbow Rare Earths Ltd Martin Eales Tel: +44 (0) 20 3910 4550 St Brides Partners Ltd Priit Piip Tel: +44 (0) 20 7236 1177 ---------------- --------------------- Arden Partners plc Paul Shackleton Tel: +44 (0) 20 7614 Benjamin Cryer 5900 ---------------- ---------------------
Notes to Editors:
Rainbow's focus is the Gakara Project in Burundi, one of the highest-grade (47%-67% Total Rare Earth Oxide) rare earths projects globally and the only African producer.
The Company began production of rare earth concentrates in Q4 2017 and has a ten-year distribution and offtake agreement with multinational thyssenkrupp Materials Trading secured for the sale of at least 5,000tpa of concentrate produced.
The Gakara basket is weighted heavily towards the magnet rare earths, including neodymium and praseodymium, which are driving demand and account for 70% of annual global REE sales due to their use in vital components in motors, generators, wind turbines, and electric vehicles.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 21, 2019 09:31 ET (13:31 GMT)
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