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Jul 21, 2023
American Rare Earths Limited - New Depositary Receipt Announcement

Data provided by Thomson Reuters

Institutional Ownership

TOP INSTITUTIONAL HOLDERS POSITION
Vermillion Wealth Management, Inc. 250
TOP MUTUAL FUND HOLDERS POSITION

Data provided by FactSet Research Systems Inc.

DR Details

DR Symbol AMRRY
CUSIP 02925A105
DR Venue OTCQX
DR ISIN US02925A1051
Ratio DR:ORD 1:50
Underlying ISIN NZARRE0004S7
Country Australia
Effective Date Jul 21, 2023
Depositary BK (Sponsored)
Industry Mining
Books Open/Closed Open
American Rare Earths and its subsidiaries are engaged in minerals exploration, focusing on the discovery and development of rare earths and mineral resources in North America. The Company is developing its 100% owned magnet metals projects, Halleck Creek in Wyoming and La Paz in Arizona. In addition to mining operations, the Company is collaborating with US Government supported organizations at sustainable rare earths research and development programs.

Data provided by Mergent, Inc.

Fee Type in US Dollar per ADS Deposit Agreement
Annual Depositary Service up to $0.0500
Cancellation up to $0.0500
Cash Distribution up to $0.0500
Issuance up to $0.0500
Registrar Inspection up to $0.0000
Cash Distribution(Other) up to $0.0500
Rights - Issuance up to $0.0500
Stock Dividend up to $0.0500
Transfer up to $0.0000
Cable Fee per Cancellation $17.5000

Monthly Trading Summary

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Month Month End DR Close Price DR Trading Volume Avg Day DR Trading Volume
Apr.25 9.18 95,402 4,543
Mar.25 9.20 54,023 2,573
Feb.25 9.05 70,043 3,686

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DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE