American Rare Earths Limited

American Rare Earths Ltd. engages in the business of mineral exploration. It operates under the United States of America and Australia geographical segments. The company was founded in 1986 and is headquartered in Sydney, Australia.

Highlights Firm commitments received via an institutional placement to raise gross proceeds of A$13.5 million at an issue price of A$0.30 per share Strong support received from existing shareholders and new institutional investors Placement provides significant runway for American Rare Earths to execute on project development milestones to advance Halleck Creek towards providing secure supply of critical minerals to the North American supply chain DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs – OTCQX: AMRRY | Common Shares – OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce that it has received firm commitments for a placement of 45 million new fully paid ordinary shares (“New Shares”) at an issue price of A$0.30 to raise A$13.5 million (“Placement”). The Placement was strongly supported by new and existing institutional, professional, and sophisticated investors, both domestically and offshore, to develop environmentally friendly and cost-effective extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition and US national security.

American Rare Earths Announces A$13.5m Placement to advance Halleck Creek Project

(Kitco News) - Rare earth projects in the U.S. have built in political protection no matter which way the Presidential elections turn out later this year, American Rare Earths CEO Donald Swartz told Kitco on Thursday.

‘One of the few things that has bipartisan support' - American Rare Earths CEO on metal advantages

DENVER, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Donald Swartz, CEO of American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) will be featured on the “The Future” panel on February 22, 2024, 2 pm, with other industry professionals including speakers Randy Atkins, Chairman and CEO Ramaco, Julie Lucas, Executive Director, Mining Minnesota and Dan Connell, Senior Vice President, CONSOL Innovations. The moderator will be Fran Taglia, President, Weir International, Inc.  American Rare Earths is well positioned to address “The Future” of mining as it is developing environmentally friendly and cost-effective extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition and US national security.

Donald Swartz, CEO American Rare Earths, to speak at “The Future Panel”

American Rare Earths Ltd (ASX:ARR, OTCQB:ARRNF) chief executive officer Donald Swartz sat down with Proactive's Steve Darling to discuss the successful completion of a comprehensive Technical Report of Exploration at its Halleck Creek Property in Wyoming, Swartz outlines the details of the findings, what this achievement means for the market, and how it will affect the future trajectory of American Rare Earths. SD: Thank you for joining us today.

American Rare Earths boss details resource increase at Halleck Creek

Estimated In-Situ Resources Increased to 2.34 Billion Tonnes At 3,196 ppm TREO Estimated In-Situ Resources Increased to 2.34 Billion Tonnes At 3,196 ppm TREO

American Rare Earths Resource Estimate Increased by 64%

Collaboration with Lawrence Livermore National Laboratory and University of Kentucky Collaboration with Lawrence Livermore National Laboratory and University of Kentucky

American Rare Earths Announces Breakthrough Metallurgical Results

Highlights 15 RC holes each drilled to 102 m for a total of 1,530 m. Assay results confirm higher-grade rare earth mineralization from surface, remaining open at depth: Average TREO grade increased 26% to 4,179 ppm for the entire exploration program.

Continued Exceptional Drilling Results at Halleck Creek

American Rare Earths Ltd (ASX:ARR, OTCQB:ARRNF) has reported favorable results from its drill program at the Overton Mountain area in the Halleck Creek rare earths project located in Wyoming.  CEO Donald Swartz told Proactive the goal of the program is to allow the company to update its JORC resource estimate for the project in January.

American Rare Earths working toward resource estimate upgrade at Halleck Creek rare earths project

Highlights Interim 2023 resource drilling results from 8 diamond drill holes at Halleck Creek. One deep hole drilled to 302 m, assays have confirmed consistent enriched REE mineralization from surface to 302 m (990.81 ft), where the deposit remains open at depth.

Exceptional results from drilling program at Halleck Creek

DENVER, Nov. 29, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF), today announced it will participate in Morgan Stanley's Metals & Mining panel on Thursday November 30, 2023 at 1:30 pm EST. Donald Swartz, Chief Executive Officer, and Melissa ‘Mel' Sanderson, Board Member, will be presenting.

American Rare Earths to Participate in Morgan Stanley's Metals & Mining Symposium

DENVER, Nov. 17, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (ARR or the Company) announces the retirement of long-serving Chairman of the board, Mr. Francis Creagh O'Connor effective at the Annual General Meeting which took place on November 16, 2023. Mr. Kenneth ‘Ken' Traub, who joined the Board on August 18, 2023, has become Chairman effective immediately after Mr. O'Connor's retirement.

American Rare Earths Appoints New Chairman

DENVER, Oct. 19, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF| FSE:1BHA) (ARR or the Company) announces results from its metallurgical testing program from its flagship Halleck Creek project in Wyoming, performed under the direction of Wood PLC.

Positive Metallurgical Test Results - Halleck Creek Project

Highlights The autumn (September-November) development drilling program1 in the higher-grade Overton Mountain area has commenced and remains on schedule. A core hole was recently completed to 305m of depth, exhibiting rare earth element (REE) mineralization throughout utilizing XRF.

Halleck Creek 2023 Exploration Update, Field Mapping and Sampling Initiatives

DENVER, Sept. 28, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF| FSE:1BHA) (“ARR” or the “Company”) today announced changes to its US management team with the transition of Mel Sanderson and the appointment of two new business leaders. Ms. Sanderson will transition out of her executive role as President of North America effective October 1, 2023, and will continue to be a non-executive director of the American Rare Earths Board. She will chair the company's Government and Public Relations and ESG committee and will be spokesperson for the company on these matters. In addition, the Company appointed Joe Evers as General Counsel and Jennifer Almquist as Head of Investor Relations, effective immediately.

American Rare Earths Provides Update on US Management

Highlights Assay results from surface samples show high-grade TREO from 5.8% to 13.9% Neodymium + Praseodymium grade ranged between 1% and 2.2% Claims land holding increased 85% Plans underway to conduct further field work to define JORC Exploration Target DENVER, Sept. 14, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce high grade field assay results at the exciting new Beaver Creek rare earth project in Wyoming.

High Grade Assay Results up to 13.9% TREO at Beaver Creek Rare Earths Project in Wyoming

DENVER, Sept. 12, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF | FSE:1BHA) (ARR or the Company) is pleased to announce the opening of its new US headquarters at 1658 Cole Blvd, Suite G30, Lakewood, CO, 80401.

American Rare Earths Announces New US Headquarters

Exploration program to focus on the high-grade target areas to upgrade existing 1.43 billion tonne JORC Resource at Halleck Creek 1

American Rare Earths to commence drilling at Halleck Creek

DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF | FSE:1BHA) (ARR or the Company) is pleased to announce that Mr. Paul Zink has joined the Board of the Company. Mr. Zink, a versatile senior natural resource professional with US and international experience, is a valuable addition to ARR's Board as it builds its presence in the United States.

Paul Zink Appointed to the Board of American Rare Earths

DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company. As part of building its presence in the United States, ARR is adding new highly skilled American professionals to its Board. Mr. Mansanti is an experienced mining leader who creates shareholder value by leading and managing operational, technical and capital projects.

John G. Mansanti Appointed to Board of American Rare Earths

DENVER, Aug. 18, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY| Common Shares - OTCQB: ARRNF| FSE:1BHA) (ARR or the Company) is pleased to announce that Mr. Kenneth (Ken) H. Traub has joined the Board of Directors of the Company. Mr. Traub has over 30 years of experience as a CEO, chairman, director, investor and consultant in public companies with a successful track record of driving strategic, financial, operational and governance improvements to enhance shareholder value. His appointment to ARR's Board is a highly valued addition as the company expands its presence in the United States.

Kenneth H. Traub Appointed to the Board of American Rare Earths

DENVER, Colo., Aug. 15, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY| Common Shares - OTCQB: ARRNF|FSE:1BHA) (ARR or the Company) announced today the launch of its sponsored Level 1 American Depositary Receipts Program ("ADR Program") which will commence trading on the OTCQX market under ticker symbol AMRRY on August 15, 2023.

American Rare Earths Announces that its Sponsored Level 1 ADR Program begins trading on OTCQX market

OTC Markets Group Inc. (OTCQX:OTCM) today welcomes American Rare Earths Ltd (ASX:ARR, OTCQB:ARRNF) to trading on the OTCQX Best Market, under the symbol AMRRY. The OTCQX Best Market enables efficient, cost-effective access to the US capital markets, the exchange operator noted, and, it includes certain qualification standards in regard to financial standards and corporate governance.

American Rare Earths today starts trading on OTCQX Best Market

DENVER, Aug. 07, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR, OTCQB: ARRNF) (ARR or the Company) is pleased to announce that it will present an investor update and Q&A session following the release of our Quarterly Report on July 28.

American Rare Earths Quarterly Investor Update & Introduction of new US Management

Highlights The Company has identified a new significant rare earth deposit in Wyoming, USA Grades between 1.7% and 9.1% of rare earths lanthanum, cerium, neodymium, praseodymium, and yttrium (La + Ce +Nd + Pr + Y) were observed 37 federal unpatented lode claims were staked covering 749 acres Applications have been lodged with the state of Wyoming for a further 640 acres Historic reports indicate that the rare earth mineralization outcrop may extend over 1500 feet Deposit is currently open at depth and along strike DENVER, July 28, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR, OTCQB: ARRNF, FSE: 1BHA) (ARR or the Company) is pleased to announce it has staked 37 federal unpatented lode claims at a new high-grade rare earth deposit in Wyoming (Figure 1). The claims cover approximately 749 acres.

American Rare Earths stakes new high-grade rare earth deposit in Wyoming, USA

DENVER, July 27, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQB: ARRNF | FSE:1BHA) (ARR or the Company) is pleased to announce Donald S. Swartz II has been named Chief Executive Officer (CEO) of the Company effective August 1. Mr. Swartz will lead the Company from ARR's new corporate headquarters to be based in the Denver, CO area. ARR is building its presence in the United States and has selected Denver as its head office due to its proximity to its flagship operation in Halleck Creek, Wyoming.

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