Appia Rare Earths & Uranium Corp. Completes Share Exchange with Ultra Rare Earth Inc., Gaining 25% Stake in Ultra USA

Deal Summary

Appia Rare Earths & Uranium Corp. closed a share exchange with Ultra Rare Earth Inc., resulting in a 25% equity interest in Ultra USA, which indirectly controls Ultra Brasil's rare‑earth projects in Goiás, Brazil. The transaction also gave Appia a board seat at Ultra USA and pre‑emptive rights in future private placements.