- Joined
- 27 June 2010
- Posts
- 4,147
- Reactions
- 309
Axel Ree Limited was spun out of Foxfire Metals by way of a bonus issue of shares to Foxfire Metals’ shareholders with a focus on the discovery and development of critical mineral resources, primarily rare earth elements, in Brazil.
The Company holds 100% interest in the following projects located in Brazil:
(a) the Caladáo Project, located in the “Lithium Valley” region of the northern Minas Gerais State
(b) the Caldas Project, located in the southern Minas Gerais State, bordering with São Paulo State
(c) the Itiquira Project, located in the Mato Grosso State; and
(d) the Corrente Project, located in the Piauí State
Following completion of its IPO, the Company's proposed business model will be to focus on exploration and development of mineral resource opportunities, and specifically exploration and development of its four Brazil projects, initially as per the Company's proposed exploration programs.
It is anticipated that AXL will list on the ASX during July 2024.
www.axelreelimited.com.au
The Company holds 100% interest in the following projects located in Brazil:
(a) the Caladáo Project, located in the “Lithium Valley” region of the northern Minas Gerais State
(b) the Caldas Project, located in the southern Minas Gerais State, bordering with São Paulo State
(c) the Itiquira Project, located in the Mato Grosso State; and
(d) the Corrente Project, located in the Piauí State
Following completion of its IPO, the Company's proposed business model will be to focus on exploration and development of mineral resource opportunities, and specifically exploration and development of its four Brazil projects, initially as per the Company's proposed exploration programs.
It is anticipated that AXL will list on the ASX during July 2024.
Axel REE Limited
Axel REE Limited Minerals: ASX-listed Australian explorer dedicated to shareholder value through resource investment & project generation.
www.axelreelimited.com.au
