Dacha Capital appoints CEO of Avalon Rare Metals

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Tue, Mar 2, 2010
Rare Earth Company News
Post by Anne B, Rare Earth Researcher

DACHA CAPITAL INC. (TSX VENTURE:DAC) reported the appointment of Mr. Don Bubar, CEO of Avalon Rare Metals to its advisory board.

The press release is quoted as saying:

Dacha intends to use the net proceeds from the financing to make opportunistic investments in physical strategic commodities, certain of which are currently unavailable for purchase directly by investors. The Company intends to acquire a strategic inventory of these metals with a primary focus on Rare Earth Elements. Dacha’s strategy will be to increase its Net Asset Value by holding, selling and otherwise transacting in physical amounts of such minerals.

Click here to access the entire press release

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