American Consolidated Minerals Corp. announces that it has settled on terms to undertake a private placement with Global Resources Investments Ltd. an arm’s length party to the Company. American Consolidated is seeking to raise $240,000 through the sale of 2,400,000 common shares at $0.10 per share.
Rare Earth Minerals PLC is pleased to announce a potentially significant development in the advancement of the Sonora Lithium Project in northern Mexico, of which REM has a 30% direct interest in the Fleur-El Sauz Concessions of the Project and an economic interest of 31.5% due to REM’s direct 2.2% shareholding in Bacanora Minerals Ltd. Bacanora has released the results of the preliminary metallurgical testing, the full text of which follows at the end of this announcement.
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