Rare Earth Company News Directory

Geomega Resources Inc. Closes $3,315,000 Brokered Private Placement

Geomega Resources Inc. (TSXV:GMA) announced the final closing of a brokered private placement with Industrial Alliance Securities Inc. acting as agent consisting of 1,796,000 units at a subscription price of $0.60 per unit for gross proceeds of $1,077,600. The total gross proceeds are $3,315,000 including the first tranche of the private placement.