Rare Earth Minerals Plc (LON:REM) CEO Kiran Mozaria discusses the Increased 337% Indicated Mineral Resource, it’s effect on the company, monetisation and Bacanora Minerals Ltd funding.
Rare Earth Minerals Plc is a London listed investment company focused on creating a diverse portfolio of direct and indirect interests in Lithium and Rare Earth Element deposits. The Company’s principal business is to acquire a diverse portfolio of direct and indirect interests in exploration and producing rare earth minerals and/or metals projects and assets (‘Investing Policy’). In light of the nature of the assets and projects that will be the focus of the Investing Policy, the Company will consider investment opportunities around the world. The Directors at Rare Earth Minerals have considerable investment experience, both in structuring and executing deals and in raising funds. Further details of the Directors’ expertise are set out on this website. The Directors will use this experience to identify and investigate investment opportunities, and to negotiate acquisitions. Wherever necessary, the Company will engage suitably qualified technical personnel to carry out specialist due diligence prior to making an acquisition or an investment. For the acquisitions that they expect the Company to make, the Directors may adopt earn-out structures with specific performance targets being set for the sellers of the businesses acquired and with suitable metrics applied.
