CEO.CA's Inside the Boardroom: APPIA Sells a 45% Interest In Its PCH Rare Earths Project, Brazil

Core Insights - Appia Rare Earths & Uranium Corp. has sold a 45% interest in its PCH Rare Earths Project in Brazil to Ultra Rare Earth Inc. for US$6 million, which will be used for exploration and to reach the prefeasibility study stage [5]. Company Overview - Appia Rare Earths & Uranium Corp. is involved in the exploration and development of rare earth elements and uranium, focusing on strategic partnerships to enhance its capital and project viability [5]. Investment Details - The partnership with Ultra Rare Earth Inc. not only secures a significant investment of US$6 million but also opens avenues for additional funding through a private placement by Appia [5].