American Rare Earths (OTCMKTS:ARRNF) Stock On Watchlist After Corporate Update
On Thursday, American Rare Earths (OTCMKTS:ARRNF) followed up on its announcement from May 1, 2023 with regards to the progress that it had made at the Halleck Creek asset.
On Thursday, ARRNF stock decreased 0.63% to $0.1099 with more than 62.56K shares, compared to its average volume of 33.13K shares. The stock moved within a range of $0.1000 – 0.1099 after opening trade at $0.1065.
US Meetings and Corporate Update
Additionally, the company noted that it had also taken many steps to list its stock on the United States exchanges and move its operations to the country. The company announced that it had continued its exploration initiative at Halleck Creek and at some of the new prospects at Wyoming. The initiative would include mapping, drilling and geochemical surveys that would be necessary for the feasibility and economic studies that are going to be conducted by American Rare Earths.
It was also announced that American Rare Earths had engaged the services of American lawyers, accountants and financial entities who are well versed in the SEC rules and listing regulations. The work was in progress so that the company could eventually have a dual listing and the company hoped that these experts would make the effort a smooth one. American Rare Earths also announced that it had hired the services of a Denver based headhunter for the purpose of hiring America based directors and officers for the company.