IMC Rare Earths Ltd’s Quiet Period Set To End Tomorrow (NYSEAMERICAN:IMC)

IMC Rare Earths’ (NYSEAMERICAN:IMC) quiet period will expire on Monday, September 7th. IMC Rare Earths had issued 4,000,000 shares in its public offering on July 29th. The total size of the offering was $20,000,000 based on an initial share price of $5.00. During IMC Rare Earths’ quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

IMC Rare Earths Trading Down 3.2%

NYSEAMERICAN IMC opened at $6.97 on Friday. IMC Rare Earths has a 1 year low of $4.51 and a 1 year high of $11.84.

About IMC Rare Earths

IMC Rare Earths Ltd is a mineral exploration and development company focused on the exploration, development and long-term supply of certain rare earth elements. Its principal project is the Itarantim Project. IMC Rare Earths Ltd is based in S?O PAULO, Brazil.