Neotech Metals Corp. Completes Hecla-Kilmer REE Project Acquisition
REE Automotive .(REE) Newsfile·2024-07-23 13:09
In consideration for the Acquisition, the Company has paid to VRR $1,000,000 in cash, and issued to them 4,000,000 common shares (the "Shares") of the Company on the following basis: 500,000 Shares are issued and subject to resale restrictions ending November 20, 2024; 1,500,000 Shares are subject to resale restrictions ending July 19, 2025; 1,500,000 Shares are subject to resale restrictions ending July 19, 2026; and 500,000 Shares are subject to resale restrictions ending January 19, 2027. About the Hecla ...