Valence Industries Limited (ASX:VXL) (VXLO) announces that the sale of unmarketable parcels of shares has been completed. A total of 530,263 sale shares from 1,495 individual shareholders became available for sale on 22 April 2014.
Avalon Rare Metals Inc (TSE:AVL) (NYSE MKT:AVL) is pleased to announce that it has received its 'Class A' Land Use Permit from the Mackenzie Valley Land and Water Board to start pre-construction work at the Nechalacho Rare Earth Elements Project at Thor Lake, Northwest Territories, Canada.
Valence Industries (ASX:VXL) was listed on the ASX on 6 January 2014 raising capital of AUD$10.1M at listing and in a shortfall placement
Consistent with its development pathway, Valence Industries (ASX:VXL) is pleased to announce that it has signed the first agreement for the sale of graphite from its Uley Graphite facilities in regional South Australia. This is the first sale of graphite by an Australian manufacturer for over 20 years and marks a significant milestone for the Company.
Valence Industries Limited (ASX:VXL) provides the following update on the share sale facility for holders of less than marketable parcels of the Company's shares.
Avalon Rare Metals' (TSE:AVL) Vice-President, Sales and Marketing, Pierre Neatby, also Chairman of the Management Committee for the Rare Earth Trade Association ("RETA"), commented that "it is unlikely that the WTO ruling will have any impact on the rare earth market in the short and medium term.
Valence Industries Limited (ASX:VXL) is pleased to announce that its first graphite is currently being bagged. These graphite products are being readied for intended export to customers in the Asia Pacific region.
