Canada Rare Earth Corp V.LL

Alternate Symbol(s): RAREF

Metals & Mining Industrial Metals & Minerals

Canada Rare Earth Corp. operates a global essential minerals business in the rare earth minerals and products sector. The Company is engaged in acquiring and developing proprietary projects, resources, and processing facilities. It is engaged in the development of the Bom Futuro Project. The property is known to contain rare earths, cassiterite (tin), zircon, ilmenite and wolframite. It has the right to acquire a majority interest in a private company, which owns and operates a mining quarry (the Quarry). It is also engaged in the process of establishing a rare earth supply operation in the DRC. Its products include high-purity simple oxides, rare earth fluorides, larger particle/nano rare earth oxides, and custom products. The high-purity simple oxides include cerium oxide, dysprosium oxide, erbium oxide, europium oxide, gadolinium oxide, and holmium oxide, among others. The rare earth fluorides include lanthanum fluoride, neodymium fluoride, and yttrium fluoride.

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Canada Rare Earth Corp

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Post by CanadaCoinon Sep 18, 2019 12:17pm

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Post# 30139898

Excitement....turned into sadness!

2019-02-12 12:44 ET - News Release

Mr. Tracy Moore reports

Canada Rare Earth Corp. has entered into a binding letter of intent to acquire a property in South America that is a source of mineral sands containing saleable minerals including rare earths.

Closing of the transaction is scheduled for April 2, 2019, subject to a number of factors including the completion of due diligence to the satisfaction of Canada Rare Earth, preparing definitive agreements and implicitly on raising financing on acceptable terms.

I can't tell you how excited I was waking up the morning of April 2nd!! I said to myself.....finally, the day has arrived that Canada Rare Earth is finally going to close on a deal.

May 2nd?
June 2nd?
July 2nd?
August 2nd?
September 2nd?
October 2nd?