American Rare Earths to Receive A$10.7 Million (US$7.1 Million) of Grant Funding from State of Wyoming

Highlights

The Funding Agreement includes costs incurred to advance the Cowboy State Mine:

DENVER, June 27, 2024 (GLOBE NEWSWIRE) — American Rare Earths (ASX:ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”) announced today that the Cowboy State Mine at Halleck Creek has been approved by the State of Wyoming, USA, for up to A$10.7 million (or US$7.1M) in non-dilutive funding through a grant.

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