NasdaqGS:METCMetals and Mining
Why Ramaco Resources (METC) Raised $200 Million to Target Rare Earths and Issued a Stock Dividend
Ramaco Resources recently raised approximately US$200 million through a public stock offering to accelerate its rare earth and critical minerals projects in Wyoming, while also announcing a third quarter Class B common stock dividend distributed as additional shares.
This dual move allows Ramaco to direct more resources toward its critical minerals and rare earth initiatives while preserving cash from traditional operations.
We'll now examine how this capital raise and shift into rare earths...