Avalon Rare Metals Inc (TSE:AVL) (NYSEMKT:AVL) is pleased to announce that it has closed its previously announced non-brokered private placement of flow-through common shares ("Flow-Through Shares") and non flow-through units ("Non Flow-Through Units") (collectively, the "Private Placement"), as described in the Company's news release of June 19, 2014.
Sovereign Gold Co Ltd (Sovereign Gold) (ASX:SOC) advises that Hudson Resources Limited (ASX:HRS) (Hudson) has acquired a 17.2% holding in Mount Adrah Gold Limited (Mount Adrah), a subsidiary of Sovereign Gold.
On June 19, 2014, the House of Commons Standing Committee on Natural Resources ("the Committee") released a document titled The Rare Earth Elements Industry in Canada - Summary of Evidence.
Valence Industries Ltd (ASX:VXL) advises that shareholders have exercised listed options (ASX:VXLO) issued by the Company. All listed options have an exercise price of 25 cents per share and expiry of 31 July 2016.
Avalon Rare Metals Inc (TSE:AVL) (NYSEMKT:AVL) is pleased to announce that the Company is planning to raise approximately $2,000,000 by way of a non-brokered private placement of up to 2,500,000 flow-through common shares at a price of $0.60 per Flow-Through Share and a non-brokered private placement of up to 1,000,000 non flow-through units priced at $0.48 per unit.
Valence Industries Ltd (ASX:VXL) advises that shareholders have exercised listed options (ASX:VXLO) issued by the Company. All listed options have an exercise price of 25 cents per share and expiry of 31 July 2016.
Avalon Rare Metals Inc. (TSE:AVL) (NYSE MKT:AVL) is pleased to announce that it has closed its previously announced registered direct offering with an institutional investor for gross proceeds of approximately US$4 million, as further described in the Company's news release of June 10, 2014.
