Rare Earths Americas acquires Weyerhaeuser mining lease for $375,000 cash, 165,153 shares
Reuters2026/08/26 09:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Rare Earths Americas’ Foothills Rare Earths unit took over a mining lease covering about 1,662.8 acres in Georgia.
- Assignment closed Aug. 20, 2026 through an agreement with Southeast Metals.
- Lease terms include USD 75,000 annual rent starting in year four.
- Royalty set at 5% on rare earth products and byproducts produced from the lease area.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rare Earths Americas Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-365296), on August 25, 2026, and is solely responsible for the information contained therein.
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